Ripple signs the blockchain agreement with 10 new banks

Ripple signed the support of 10 new banks in the Blockchain, breaking the traditional banking sector in a way that has yet to be done.
Ripple continues to grow its client list with the most significant banks in terms of engaging customers in the payment service provider market.

In its press statement, Ripple lists the names of banks with which she has agreed
MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com

An interesting trend in the current customer list is the addition of new payment providers (PSPs) and shows that payments related to blockchain enter into the remittance market efficiently.

The press release also describes the list of new arrivals as some of the world's largest banks, innovative payment providers and more customers turning to Ripple.

Ripple CEO Brad Garlinghouse believes in the latest technology for digital currencies and sees the acceleration of the logical customer base:

People know Ripple is the best solution for payments Blockchain proven seriousness and speed and ease in the world from the rest of the payment systems, where the demand for financial institutions of all types and sizes because they want to stay in the forefront.

Some members are already aiming for commercial implementation, although no timetable has been mentioned.

Hirofumi Aihara, general manager of Tokyo-Mitsubishi Bank, said:

We are very pleased to be working with Ripple to provide new types of payment services to change our customers' experience using the power of blockchain technology and to demonstrate our commitment to join the Bank of Japan to collaborate with other Japanese banks to move to the commercial use of Ripple.

Ripple's Positive Expectations The banks are expected to start with the Ripple system when the bauxite process begins between them and the counterparties.
Ripple saw a significant increase in price and market value at the beginning of 2017.