Bank of America Adopts XRP for All Internal Transactions

Bank of America might be using XRP for all internal transactions, signaling a major crypto-banking collab. Future = 🔥!

Ripple’s XRP is trending again, and this time, the buzz is big. David Stryzewski, CEO of Sound Planning Group, spilled on FOX Business that Bank of America (BoA) might be using XRP for all internal transactions. If true, this could be a massive W for crypto adoption in traditional banking.

BoA and Ripple go way back, being part of RippleNet for years. This global payment network uses blockchain to make international transfers lightning-fast and super secure. While BoA hasn’t officially confirmed the XRP claims, they’ve filed 83 patents related to Ripple’s blockchain tech. Translation: they’re serious about this collab.

Fun fact—BoA’s been into blockchain since 2017, with patents for a real-time settlement system tied to Ripple’s ledger tech. Now, XRP could be their secret sauce for streamlining operations.

Stryzewski didn’t hold back, calling XRP the tech that’ll “run everything” in global finance for years. Ripple’s also dropping big moves, like their new stablecoin RLUSD, proving they’re not slowing down despite legal drama.

If true, this could shake up the banking world and make other institutions rethink crypto. BoA + Ripple = a crypto-powered banking glow-up.

Also Read: Thailand Pilots Crypto Payments for Tourists in Phuket

Anmol Khatiwada

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