SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia. The company’s expansion to Southeast Asian markets aims to streamline international payments using the crypto asset XRP as a “bridge currency,” allowing for quick and low-cost money remittances.... Read More: Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries
