Monero Price Holds $515 Support as XMR Eyes $545 Breakout 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Cardano Price Drops 15% as Whales Sell 110 Million ADA 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
NEAR Protocol Leads AI Crypto Rally Amid Fed Rate Hike Fears 
Dogecoin Price Rebounds as DOGE Defends $0.08 Support 
Binance to Shut Down Crypto Mining Pool Services on November 10 
XRP Price Drops 3% Despite Ripple-Backed Evernorth Nasdaq Debut 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Bitcoin Price Faces Volatility Ahead of US CPI and Fed Speech 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
South Korea Blocks 27 Crypto Exchange Websites in Regulatory Crackdown 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Trezor Cuts Reseller Network After Ledger Security Breach 
Add as a preferred source on Google
The Ripple gained the reputation of being popular crypto-candidate among the remittance/banking community as its edge to transact overseas payments swiftly and efficiently is perceived as a competitive advantage. The banks have the existing SWIFT mechanism (Society of Worldwide InterBank Financial Telecommunications) in place that seems unlikely to lose their importance in the industry so easily.
For now, the latest news is that ripple (XRP) is associating with a Japanese exchange ‘FXcoin Co Ltd’. The Japanese cryptocurrency exchange is all set to pilot XRP-powered remittance solutions.
FXcoin Co Ltd established its business and has begun accepting applications for opening an account exclusively for physical transactions of crypto assets in May and XRP remittance.
FXcoin is intending for an extensive plans for crypto offerings. On a debut effort of FXcoin, XRP remittance pilot coves both local and international markets and offers users the power of XRP derived remittances.
While Ripple's raised a mammoth $200 million through Series C funding round earlier this month, while the CEO of Ripple, Mr. Brad Garlinghouse, foresees the firm's client base is likely to grow 30-40% and transaction volume to surge over 600% in 2020.
As the data from the World Bank divulge that the international trade involving remittances were valued at $1.93 billion in 2018, wherein, the prospects that is imminent to lure abundant investment inflow from the aspirants and the global remittance is most likely to surge to over $8 billion within next decade or so, ripple appears to be positioned aggressively.
