Japan’s largest financial institution, SBI Holdings, which also operates a cryptocurrency exchange service powered by Ripple, has teamed up with a San Francisco-based mobile application to launch MoneyTap. The service allows local bank account holders to transfer money instantaneously anytime and anywhere, reported Hacked.
The launch of MoneyTap quickly benefited XRP as the cryptocurrency showed signs of activity on Thursday. As of 3:50 a.m. UTC, XRP was trading $0.529981, up 0.22% from the previous day, data from CoinMarketCap showed. XRP trade volume reached nearly $650 million on Thursday with a total market capitalization of $21.2 billion.
The report stated that XRP is emerging as a signific...
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