XRP standard to be used by major Сommonwealth bank: details According to an announcement by Bank of Australia's largest financial conglomerate, CommBank, it will start migrating cross-border payments to the ISO 20022 standard this month. CommBank intends to finish the transition of all of its payments to the advanced standard in three years. It is interesting to note that Ripple already meets the standard as its RippleNet network was initially developed to comply with ISO 20022. The only similar company is Stellar, which was, like Ripple, co-founded by JedMcCaleb. CommBank is not even the first major Australian bank that strives to meet the new interbank correspondence standard. In March this year, the National Australia Bank (NAB) began to adopt ISO 20022 through RippleNet.
SHIB sets new record in this metric, price weighs next move
Data provided by WhaleStats shows that Shiba Inu’s holder count continues setting new highs, with its current number constituting 1,274,161. Notably, the percentage of long-term holders (holding SHIB for more than a year) outnumbered short- and midterm speculators. Thus, 51% of SHIB owners have held their tokens for more than a year, 43% have held them within a year and 6% have held onto their tokens for less than a month. Even though the number of holders has little immediate impact on the asset’s price, it does signify long-term interest in the asset. Meanwhile, SHIB is slowly recovering from lows of $0.00000854, currently changing hands at $0.00000916.
Source: U.Today
Looking to launch a Crypto Bank?
Are you a start-up planning to launch a crypto bank?
Effectively kick-start your venture with Crypto Banking Solutions from Assetfinx. We provide a white-label digital asset banking solution that quickens deployment and enables you to jump into the digital asset market quickly.
Our white label FinTech platform is filled up with all essential banking features – such as bank accounts, KYC, Intuitive front-end, Secure API, payments, lending, borrowing, trading, credit/debit cards, and user onboarding.
Get consultation!
Phone/ Whatsapp: 638 430 1100
Mail: contact@assetfinx.net
