Big Banks Announce Fiat-Pegged ‘XRP Killer’ Crypto For Settlements

Big Banks Announce Fiat-Pegged ‘XRP Killer’ Crypto For Settlements

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Banking giants in the U.S., Japan, and across Europe have created a consortium that will use cryptocurrency technology in cross-border transfers. The move also presents a direct competitor for Ripple’s XRP token.  

Settlement ‘Crypto’ Coins for International Remittance

According to the Nikkei Asian Review, large banking corporations in Japan like MUFG and Sumitomo have led their counterparts in…

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