The First Bank Utilizing XRP Reveals Ripple-Based Trade Finance System to Replace Swift

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The first bank to utilize Ripple’s cross-border payment solution xRapid says it’s also using Ripple’s blockchain technology to test a new trade finance system. Euro Exim Bank’s head of compliance and operations Graham Bright told Global Trade Review it plans to use Ripple’s xCurrent to power the new pilot. “While Ripple has so far focused its […]

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