general

The largest Moroccan bank dives into cryptocurrency by joining the RippleNet network

The largest Moroccan bank dives into cryptocurrency by joining the RippleNet network

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer The largest Moroccan bank dives into cryptocurrency by joining the RippleNet network

According to news reports, Morocco’s leading banking operator, Attijariwafa Bank, has joined the RippleNet network.

RippleNet is an international cross-border payment network designed by the US company Ripple.

detect report news- Local that Attijariwafa bank has become a member of the RippleNet system.

By joining the cryptocurrency world, the Moroccan financial institution solidified its position as an innovative banking pioneer in the North African region.

As a result, bank members will be able to exchange transactions with each other from many destinations around the world.

Adnan Daryoush, director of corporate cash management at the bank, said:

The bank has been seeking to enter the modern technology industry by launching several initiatives for more than a year.

Read:Ledger Wallet Adds Support for Ethereum-Based Coins – ERC20

He concluded that joining the “RippleNet” network, and thus touching the world of Blockchain, which is another milestone for “Attijariwafa Bank”.

He added:

With RippleNet, we connect to the blockchain, which is another fast and secure way to receive money.

Attijariwafa bank confirmed that it has also entered into a partnership with Thunes, a remittance aggregator and member of the RippleNet network.

The cooperation will be particularly beneficial to the Moroccan population living in the United Kingdom and the Netherlands.

Several months ago, the Ripple project joined another banking institution, the Royal Monetary Authority, the Central Bank of Bhutan.

Their main goal was to launch a digital currency for the central bank of the Asian country.

The Royal Monetary Authority expects to boost cross-border digital payments and expand financial inclusion efforts by 85% by next year by joining forces with the US company.

Being the only zero-carbon country in the world, Bhutan places great emphasis on green initiatives.

As such, Ripple has made it clear that a CBDC solution can be in line with its principles because it will be carbon neutral.

Read:Justin Sun promises to launch a privacy coin based on the Tron network

Read also:

CoinEx reduces the evaluation criteria for platform ambassadors and doubles the rewards to reach 50%

Billionaire “Mike Novogratz” warns of a decline in the cryptocurrency market and provides reasons!


And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
The Third Biggest Ethereum Whale Spent $14 Million On These 3 Coins… Get to Know It
Next post
CoinEx reduces the evaluation criteria for platform ambassadors and doubles the rewards to reach 50%