One Of The Oldest Thai Banks Is Asking The Crypto Community To Wait For A Major Announcement About Ripple {XRP}

The bank is Siam Commercial Bank, one of the largest and oldest banks in Thailand. Founded in 1907, it is ranked as the largest commercial bank in Thailand with the highest share of the current king of Thailand.

Ripple, in turn, is expanding significantly in East Asia through a combination of contracts and partnerships that it periodically carries out with regional banks.

News has emerged suggesting that Siam is in the process of benefiting from the services of the Tribal, where the Bank has reported the adoption of the technique of the Blockchain in various works, and that it is on the way to the declaration of the of XRP.

The bank’s response to one of the follow-up questions on Twitter by saying the following:

We will use Ripple blockchain but for XRP we have to wait more for more advertisement

In another participation of one of the users asked in the form of an inquiry about the inability to transfer money through the network in the bank, the bank responded as follows:

Sorry for the inconvenience, we will announce information about the technology being used over the Ripple soon.

Adopting a bank like the Thai Siam Bank for Ripple will have a strong positive impact on XRP coin

For information, the value of XRP is currently valued at $ 0.38 with a green indicator of 3.87%

With a total market value of $ 16 billion in third place after both bitcoinand ethereum.



Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view


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