Japanese Yen Falls To Multi-Year Lows: Will Banks Adopt XRP By 2025?
- The Japanese Yen falls to multi-year lows against the dollar and euro.
- Amelie reiterates the SBI CEO’s prediction that every Japanese bank would use XRP by 2025.
- Yen’s fall reinforces the need for a significant and immediate update in the financial system.
Recent reports revealed a subsequent decline in the Japanese Yen, keeping investors anxious. While the Yen dropped to a multi-year low, SBI CEO Yoshitaka Kitao’s previous statement on the potential of XRP once again gained traction.
A crypto enthusiast, known on X as Amelie shared an X post reflecting Kitao’s preference for Ripple’s XRP. While Amelie shared insights on the recent downfall of the Yen, she stated that it could be compensated with the establishment of an XRP payment system in Japan. She added, “We need to totally update the system!”
The Japanese yen
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) April 26, 2024is experiencing almost a complete downfall
But it fits the narrative that every bank in Japan will be using #XRP by 2025, according to the SBI CEO
We need to totally update the system! pic.twitter.com/Jia2Y9CTk3
In 2023, Yoshitaka Kitao, the CEO of Strategic Busines…
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