- SBI VC Trade launches validator node on XRP Ledger (XRPL), revealing the firm’s support for XRP.
- JackTheRippler reveals Japan’s use of XRP, highlighting the acceptance of XRP outside of the US.
- Despite the major development, XRP is trading at a downward trend, marking a 2%+ dip over the last day.
Ripple’s native token, XRP, has secured a historic achievement with the SBI VC Trade’s validator node launch on XRP Ledger (XRPL). JackTheRippler, a prominent figure in the crypto sector, recently shared an X post, revealing Japan’s use of XRP as a bridge currency.
BOOOOOOOOOOOOOOOOOOM!!!Japan is ready to use #XRP as a bridge currency. Ripple already conquered the financial system outside the United States of America! pic.twitter.com/QUJGkVRDyH
— JackTheRippler © (@RippleXrpie) May 12, 2024
On May 10, SBI VC Trade, a subsidiary of SBI Holdings, one of the leading financial institutions in Japan, announced the platform’s decision to become a validator on XRPL. The financial giant’s move demonstrates the industry’s unwavering support of XRP, hinting at the potential adoption of the token on a larger scale.
Despite the major development in the X…
The post SBI’s Acceptance of XRPL Shows XRP’s Wider Reach Beyond the US appeared first on Coin Edition.