SBI Japan’s crypto arm, SBI VC Trade’s subsidiary, SBI Remit, has announced a partnership with Ripple and SBI Ripple Asia. SBI Ripple Asia is a joint venture between SBI Holdings and Ripple. According to the announcement, the firm will use the crypto asset XRP to settle international remittances, starting this month. SBI Holdings chairman and CEO Yoshitaka Kitao shared the development on X (formerly known as Twitter).
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