PNC Bank forms part of RippleNet

PNC Bank forms part of RippleNet

The PNC Bank has joined the Ripple’s enterprise blockchain network RippleNet. The bank has joined the list of various other financial institutions that use xCurrent. Reportedly, with the adoption of xCurrent, the U.S. clients would be able to receive instantaneous payments from overseas buyers. The bank has also accomplished the pilot phase and proof-of-concept.

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