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/biz/ - Business & Finance

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58444298 No.58444298 [Reply] [Original]

Japan officially uses Ripple XRP for payments.

https://www.sbigroup.co.jp/news/2023/0906_14052.html

>> No.58444382
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58444382

>>58444298
>September 6, 2023

>SBI Remit Co
>Capital: 50million yen (330k USD)

>SBI VC Trade Co
>Capital: 1.3 billion yen (8.5 million USD)

>SBI Ripple Asia
>Capital: 350million yen (2.3 million USD)

>Ripple Payments, we will be the first in Japan to provide an international remittance service that utilizes the crypto asset XRP (*2) as a bridge currency between two legal currencies. Launched for digital wallets in the Philippines. This time, we will expand the range of international remittance services using XRP to bank accounts in the Philippines, Vietnam, and Indonesia.

Goddamn my dick is hard right now HAHAHA GET FUCKED LINKIES

>> No.58444469

>>58444382
Are you fucking serious?
10mil capital is fucking nothing.
Even CCIP transacted more value within 2 days.

Why should they use this slow piece of shit when they can just use hedera with thousands of tx/s?

>> No.58444481
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58444481

>>58444469
:^) Linktard

>> No.58444489

>>58444481
>and the establishment of MtGox
Lol lmao even

>> No.58444612

>>58444298
And thus Ripple Inc. continues its storied tradition of getting jubilant press releases issued for pointless things nobody will ever use.
In this one, SBI claims they've already been "using Ripple Payments [...] since 2017." How cool is that? How many Japanese users got to benefit from this deep crypto integration in the past 7 years? Lots of them I bet. Right?
XRP. The official cryptocurrency of brainlets.

>> No.58444657
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58444657

The XRP cult really needs to schedule a mass suicide.

>> No.58444677

>>58444298
>>58444382
Ripple literally bought into SBI Remit, you dunce.
Ripple has to BUY financial companies before they'll use XRP, that's just hilarious.

>> No.58444682
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58444682

Lmao baggie faggot

>> No.58445131
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58445131

>>58444298
>for payments
wasn't your shitrpoject a remittances platform?
make up your fucking mind lmao
meanwhile your chain is dead as fuck with no fees

>> No.58445447
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58445447

>>58444298
>>58444382

>> No.58445451
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58445451

>> No.58445456
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58445456

ripplets will kill themselves en masse.

>> No.58445483

>>58444481
>mtgox
is this a joke?

>> No.58445484

>>58444677
Just gotta clarify something- they pay financial companies to publicly state that they're using XRP. Whether or not they actually use it for anything is another matter entirely