Here is the latest report that the Ripple’s XRP has finally received a successful testimonial from one of the leading banks of Spain. Recently BBVA has made a statement saying that their recent Ripple test has been successful.
It seems Ripple is the only coin with a practical approach to the real world as they are aligning both; consumer and governance in an optimum front without encouraging anonymous peer-to-peer transactions.
In recent time, Ripple has partnered with asset transfer companies like Western Union and Moneygram.
Read Also: XRP Price Could Hit $10, If Ripple Partners With Amazon Here’s How
According to Cryptoslate report, “BBVA claims to have successfully tested XRP for facilitating cross-border transactions between various countries within Europe and Latin America — regions where the bank possesses a good economic presence.”
They mentioned “In terms of the tests themselves, representatives from BBVA mentioned that the money transfers took place smoothly, and each transaction was completed within a matter of seconds. ”
Source: Cryptoslate
