Thailand’s largest commercial bank redacts statement on integrating Ripple’s XRP

in #ripple5 years ago

Thailand’s largest commercial bank, the Siam Commercial Bank (SCB), caused quite a stir after it hinted it will soon start using Ripple‘s XRP.

Answering a question posted by one of its users, the bank’s official Twitter account said that an “XRP system will be announced soon.” In the now deleted tweet, the bank told users to follow their official schedule on social media for more information.

The news caused a frenzy among the XRP community, as introducing Ripple-powered transactions would supposedly speed up cross border money transfers and settlements.

However, when asked again on when exactly would the integration happen, the bank redacted its previous statement and said that it actually had no plans on using XRP.
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Source: Cryptoslate
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