#Trump100Days
This model eliminates the need for correspondent banking and reduces liquidity requirements, offering faster and more efficient remittance services....!
SBI Remit initially launched this system for remittances to the Philippines in partnership with local firm Coins.ph and SBI VC Trade, which handles the crypto exchange and liquidity. .......!
The move is a significant step in integrating blockchain-based solutions into mainstream finance and showcases a real-world use case for digital assets like XRP. SBI’s long-standing relationship with Ripple and its strong presence in Asia gives XRP a strategic advantage in the region’s growing remittance market.....!
As more corridors are added, this model could become a blueprint for global cross-border payment solutions, reinforcing the value and relevance of XRP in financial infrastructure....!