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Euro Exim Bank: 1st bank to use xRapid


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** CONFIRMED 1st BANK TO USE XRAPID ** "Working collaboratively with #Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time..." K

I'd suggest that both of you (codiusrex as well) take a step back and look at the World-Wide infrastructure that Ripple has built, and the increasingly rapid pace of its adoption. This is the proverbi

Banks will never use Xrp

4 minutes ago, Julian_Williams said:

yes but this is only one of five announced by Ripple - the full list was 

 

I think the key word is Bank or am I confused here.

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"There’s been a lot of talk around the markets about how blockchain technology can assist in trade finance,” said Graham Bright, head of compliance and operations at the bank. “We’re interested in moving forward and creating a platform for payments for our clients who are in over 80 countries at the moment, making sure they have a smooth, frictionless way of paying local people.”

https://www.americanbanker.com/news/could-ripples-xrp-replace-correspondent-banks-this-bank-says-yes

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"....moving forward and creating a platform for payments for our clients who are in over 80 countries..."  As these bridges get built, the xrp network's utility is going to multiply quickly. This will build liquidity as well as attract others looking to capitalize on international trade and/or services. What a perfect 1st bank to announce: #1. they're in Europe and this serves as a wake-up call to our regulators for clarity. #2. Euro Exim is perfectly positioned to showcase the benefits of xrp use; with customer connections in over 80 countries - That's a lot of countries!  #3. Last but not least: the synergy of their slogan - "Facilitating Global Trade."  Once SBI goes live with xrp, I believe that the "fireworks" that many of us have been eagerly awaiting, will be soon to follow.....crawl, walk,.....soar!

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