CoinGape
2020-06-13 12:29:52

Ripple’s xCurrent Saves Up-to $400 B/Year For Saudi Arabia’s Monetary Authority

The Kingdom of Saudi Arabia’s Monetary Authority (SAMA) has drastically cut down on costs, saving up to $400 billion a year following its decision to upgrade and modernize its payments system. The decision saw SAMA rope in Ripple and incorporated one of its three main solutions, the xCurrent, as a way of easing transactions between

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