FTX and Ripple's ODL platform Bitso help to shift 530 million $XRP
XRP adoption expands to Japan and Africa
As covered by U.Today earlier, SBI Motor Japan, a subsidiary of financial heavyweight SBI Group based in Japan, has started to accept payments in the two top cryptocurrencies: Crypto payments will be arranged and settled via another subsidiary of SBI Group—SBI VC Trade, a crypto trading platform. SBI Motor Japan operates in the South African region and is focused on expansion there.
The aforementioned Japanese financial giant, who is also a major Ripple partner, stated in a recent report that crypto adoption in South Africa is growing at a fast clip. As of this writing, XRP is trading at $0.4318, per CoinMarketCap. The sixth largest crypto has demonstrated growth by 2.51% over the past 24 hours.
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