The Siam Commercial Bank (SCB), Thailand’s largest commercial bank, is planning to utilize XRP shortly, InvestInBlockchain writes. In a tweet, SCB claims “XRP system will be announced soon,” although it does not mention any specific date. It is not the first time that the bank mentioned XRP on its Twitter account; in the past, it promised to inform users when it would start accepting XRP.
The institution has already carried out Ripple’s cross-border transfers pilot in the past to speed up transactions. SCB was the first financial institution to join RippleNet to test its “multi-hop” feature.