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.
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. ”