Ripple update: The National Commercial Bank of Saudi Arabia Joins RippleNet
Saudi Arabia’s National Commercial Bank, the second largest bank by assets in the Arab world is the newest member of RippleNet to provide blockchain-based institutional payments. RippleNet is a network of over 100 financial institutions that include Standard Chartered, UBS, UniCredit and Santander among others.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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