Using Ripple & DLT, HSBC Settles $250b Foreign Exchange Transactions, Proves RippleNet Efficiency – Today’s Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
The Hong Kong and Shanghai Banking Corporation, HSBC, which is the British multinational banking and financial services holding company expressed its need for a faster cross-border payment system. They revealed settling $250 Billion Foreign Exchange Transactions using distributed ledger technology (DLT) and RippleNet.