Ripple XRP creates MoneyTap App

[mrkaykov]

https://ambcrypto.com/ripple-xrp-creates-a-one-of-a-kind-mobile-app-called-moneytap/

 

Mobile app Money Tap by the 61 japanese banks consortium, immediate transactions between multiple banks instantly using XRP or Ripple Tech.

is this huge? Any thoughts?

[invest2lose]

old news. i believe this is just using xcurrent (no xrp) until they start using it for cross border payments later on.

[buckor]

Correct, an article, in Japanese, came out last Friday explaining they are using xCurrent. They do, however, plan on adding more banks in the fall as they roll out the tech. On that note, if the cost savings are there and the time savings, once more banks come on board I could see a switch to xRapid/XRP...but that is just speculation at this point.