Happy 4th of July to all my American viewers/readers/community members out there 🇺🇸.

The CEO of SBI, a major financial services firm in Japan, has announced plans to utilise Ripple's XRP token in several banks in Japan by the 2025 Osaka Expo. SBI has been actively working to promote the adoption of XRP among financial institutions and believes there is real demand for its use in cross-border remittances and settlements.

The VCTrade platform will allow verified members to purchase XRP and other tokens with Japanese Yen, increasing liquidity in the Japanese market and enabling larger cross-border transaction volumes among the group of banks.

SBI's goal is for Japanese banks to use XRP within two years for the Osaka Expo. The CEO also expressed optimism about XRP's market capitalisation potential and highlighted its utility in faster and cheaper cross-border payments compared to Bitcoin, which he believes has no fundamental value.

I disagree with him on his views of Bitcoin, of course, but he is one of many super-bullish CEOs from the traditional world of finance.

Peace & Love,

Adé