Ripple establishes custody partnership with South Africa's Absa Bank
Foresight News reported that Ripple has announced a strategic partnership with South Africa's Absa Bank to provide digital asset custody services for the bank's clients in South Africa. Through this collaboration, Absa will utilize Ripple's institutional-grade digital asset custody technology to offer storage services for tokenized assets, including cryptocurrencies.
Earlier this year, Ripple announced it would support Absa with crypto payment technology, support African payment provider Chipper Cash, and revealed that its USD-backed stablecoin RLUSD would be launched in Africa.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: LuBian labeled address transfers 2,129 BTC to a new address again, worth approximately $238.6 million
Data: sUSDD TVL surpasses 1 million USD, offering 12% APY savings yield
RootData Recognized on Crypto Research KOL A++ List, Ranked Alongside Arkham and CryptoQuant
Nano Labs Board Approves Share Repurchase Program of up to $25 Million
Trending news
MoreCrypto prices
More
