Top 10 US Bank Join Ripple Blockchain RippleNet For Cross-Borders Payment

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PNC Bank, the 9th largest bank in the United States by assets, has joined Ripple’s enterprise blockchain network RippleNet in what is a noteworthy addition for the San Francisco-based fintech.

With over $380 billion in assets, Pittsburg-based PNC Financial Services Group has become the latest member to join RippleNet, a global payments network of over 100 institutions including banks, payment providers, remittance forwarders and operators among other financial institutions to enable near-instant money transfers with on-demand liquidity and end-to-end tracking on a blockchain.