Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Btceth01 on May 19, 2021, 08:21:50 PM

Title: Ripple adds National Bank of Egypt to RippleNet
Post by: Btceth01 on May 19, 2021, 08:21:50 PM

As was announced earlier today, Ripple blockchain decacorn has partnered with the largest bank in Egypt, signing it to RippleNet.
The largest bank in the country founded back in 1898 will now be able to send and accept remittances from the United Arab Emirates via a local RippleNet member Lilu exchange.
Statistics shows that Egypt is the sixth largest recipient of remittances on the planet, with approximately $24.5 billion sent by the workers from overseas locations home last year alone. Source (https://cryptonews.net/670050/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)