Is Bank Of America Currently Running Tests With Ripple’s XRP? Here’s What We Know
Crypto pundit X Finance Bull claims Bank of America is testing cross-border payments using Ripple's XRP, suggesting XRP is becoming core financial technology. This follows earlier comments from Ripple President Monica Long noting BofA was an early partner, though current status is unclear. BofA had filed a related patent but abandoned it; however, it now allows wealth clients crypto exposure and is exploring its own stablecoin. Ripple has secured partnerships with institutions like BNY Mellon, AMINA Bank, Absa, and SBI, providing payment and custody services. XRP price was around $2.10, down 3% in 24 hours.
bitcoinist01/15 23:01