Ripple’s Shareholder, Justin Sun, Believes PNC Bank’s Credit Heightened XRP In The Market

1
1022

It is no more news that Ripple (XRP) is on the way to light the end of the tunnel as it move swiftly to checkmate the two crypto dons above it. While Ripple (XRP) continues to gibber and wallow in success for its new achievement in the market, it has gained different recognitions and eulogy from individuals and who’s who in the crypto space.

Coming from Tron’s founder, Justin Sun is a congratulation message as the tech expert felicitates with Ripple in the space. As an addition to that, Sun claimed he is happy to rejoice with Ripple Inc. as a shareholder and also an erstwhile Ripple’s Greater China Chief Rep.

The tech specialist who featured in Forbe’s 30 Under 30 – Asia – Consumer Technology 2017, continued with his statements that the surge which XRP is witnessing must have been because of the recognition which Ripple protocol got for PNC Bank, a top bank in the United State. Sun said he is confident that more and more financial institutions will adopt blockchain technology.

While Ripple blockchain firm intends to host a world class event which will house top individuals and firms in the tech world on October 1st, Justin Sun said the event, Ripple Swell 2018, where the former US president Bill Clinton is a keynote speaker should also help amplify the mainstream adoption of XRP.

PNC Joins Ripple (XRP) For Cross Border Remittance Services

Few days back, it was reported that a top bank in the United Stated, PNC Financial Services Group partnered Ripple to use RippleNet for international remittance services.

While PNC has 8 million customers and countless of branches in 19 states with sundry of customers including small businesses and large scale enterprise, the financial service group will be using RippleNet technology to service its clients with frictionless remittance services.

Conclusion

Ripple is at the moment a top class blockchain technology that is disrupting the FinTech industry. Similarly, it has been envisioned that Ripple’s xRapid, when launched, will assist XRP in moving closer to mainstream adoption.

1 COMMENT

  1. Yes. there is but we do not need them any longer. That’s the truth. Ripple can now survive without leaning on XRP for market value improvement. When xRapid surfaces, the crypto world would know what it takes to be the chief of all altcoins.

LEAVE A REPLY

Please enter your comment!
Please enter your name here