Amidst ongoing controversy that Ripple (XRP) is all show and no go, a new player has emerged that seems to have changed that perception, and possibly the whole market dynamic.
Since its inception, Ripple has come under criticism that the company was putting too much of its startup capital into marketing smoke and mirrors, and not enough into its own technology development, a critical component of their XRP cryptocurrency and their overall business model.
That all changed when international finance group, PNC, announced last week that they would begin processing international payments using
Ripple has one key mission – to integrate its technology with large payment providers and banks. A top-ten U.S. bank, PNC, announced last week that it would utilize RippleNet for its customers’ international payments. The company’s blockchain solution, xCurrent would be used to speed up the transaction.Naeem Aslam – Forbes – Ripple Getting Ripped