Hatton National Bank (HNB), the fifth-largest bank in Sri Lanka, announced a 15% Year-on-Year (YoY) increase in digital remittances during COVID lockdown, as cardless withdrawals for Lankan expatriates and the HNB RippleNet blockchain facility for enterprises helped ease the difficulties faced by customers
Exir, a cryptocurrency exchange operating since 2017 in Iran, announced the addition of XRP to its platform on May 27, 2020, with the Iranian rial (IRR) pair.
The Japanese financial services company SBI Group will establish a "Crypto-asset Fund" that allocates 50% to XRP, 30% to Bitcoin, and 20% to Ethereum.
A week after going live with PayID, Ripple has launched a web app called ChefXRP that demonstrates the power of using PayID in a subscription checkout flow on a test network.
Malicious actors have been taking advantage of the XRP Ledger's partial payment feature to extract millions of dollars worth of XRP from institutions, mainly exchanges.
In an interview withThinking Crypto, Mr. Traidman revealed that SBI Ripple Asia is successfully testing On-Demand Liquidity (ODL) right now and plans to go into production this year and into next year.