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Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries

SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam an...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries
SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.
The company’s expansion to Southeast Asian markets aims to streamline international payments using the crypto asset XRP as a “bridge currency,” allowing for quick and low-cost money remittances....
Read More: Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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