Australia’s largest financial group uses the ‘XRP standard’

Beginning this month, CommBank will utilize Ripple’s XRP to adopt the ISO 20022 standard for cross-border payments.  Within the following three years, the bank intends to entirely transition all of its transactions to ISO 20022.  Over the XRP Ledger, Ripple’s native cryptocurrency XRP has been built to permit fast cross-border settlements. In a recent development,…