When Ripple (XRP) was created, the developers had in mind a platform that could support financial and banking institutions. Almost a decade later, the company has started to see success, and although it’s not quite at a rate that was expected, there is some visible progress.

Ripple Growing Relationship with Institutions

The company has already established an excellent working relationship with a number of central banks such as the Saudi Arabia Monetary Authority, the central bank of Saudi Arabia. According to former Chief Market Strategist Cory Johnson, the company also has an open communication relationship with …

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