Kuwait Finance House (KFH) Is the First Bank in Kuwait To Join RippleNet For Cross-Border Instant Payments

It's like almost every day there's something big going on about Ripple partnerships, marketing adoption.

Now, the Kuwait Finance House KFH is the first bank in Kuwait to join RippleNet for cross-border instant payments.

The Kuwait Finance House has partnered with Ripple, it appears they are using xCurrent, they have over $55 Billion in assets and this is another bank in under the Ripple's list of partners in the Middle East.

Ripple is doing well in Asian markets as well and they are partnered with major banks like Santander bank of America and so forth.

The more partners Ripple brings on board, the easier for them is to get more banks to use xRapid. As you know some banks come on board, some payment service providers and some use xRapid, some use xCurrent but Ripple has to get everyone to use xRapid.

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As we have seen even with Santander bank who's been a partner of Ripple for years now they launched an app with the xCurrent protocol but Corey Johnson said they will be using xRapid this summer, so it does take time this is why Ripple is a long-term hold.

So it's another win for Ripple and let's see who else they continue to announce that they are using xCurrent, xRapid and so forth.

Kuwait Finance House (KFH) Is the First Bank in Kuwait To Join RippleNet For Cross-Border Instant Payments

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