Ripple’s Array of Top Partners Expands as Major US Bank Joins RippleNet

[kreslik.news]

According to an announcement from the Ripple team, PNC Bank – a top ten lender in the United States with over $6.0 billion in deposits – has officially joined RippleNet to tap its increasingly popular blockchain solution for cross-border payments and settlement.

Ripple is developing several blockchain-based solutions that enable cross-border money transactions between banks in a faster and cheaper way than the current systems allow.

[url=https://events.financemagnates.com/londonsummit/?utm_source=FM&utm_medium=AUTOLINK&utm_campaign=Article&utm_content=fmls18]Join the Leading Industry Event![/url]

As noted by Ripple, PNC Bank serves over 8 million customers and has retail branches in 19 states, which helps the third largest cryptocurrency by market capitalization to enhance ... (read more)