Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019

XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this year.

According to a report by American Banker, Graham Bright, head of compliance and operations at the bank mentioned that the use of the Ripple platform and the XRP token would facilitate interbank transfers in more than 80 countries. It is not a proof of concept or a test, but an official implementation:

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