PNC Bank’s Subsidiary Joins RippleNet to Use xCurrent
Cryptovest
Published Sep 19, 2018 04:33PM ET
Updated Sep 19, 2018 05:41PM ET
PNC Bank’s Subsidiary Joins RippleNet to Use xCurrent
Ripple, the company behind the third largest cryptocurrency, announced on Wednesday that PNC Treasury Management, a subsidiary of US-based PNC Financial Services Group (NYSE:PNC), became part of the RippleNet network. PNC Treasury Management plans to use Ripple’s xCurrent technology to speed-up international payments. Thus, PNC’s business clients will be able to get cross-border payments in real-time thanks to Ripple’s system.
Marcus Treacher, Ripple’s senior vice president of customer success, commented :
“For far too long, the technology underlying cross-border paymen...
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