Ripple Payments Expand Across Thai Banking
Photo: CryptoNewsLand
Siam Commercial Bank uses Ripple technology to provide international transfers through SCB Easy, with plans to extend services to businesses. Thailand’s central bank is reportedly joining BLOOM alongside Ripple, although project details and implementation plans remain undisclosed. Ripple’s banking activity in Thailand does not confirm XRP settlement, leaving the token’s direct role in these transfers unverified. Ripple Payments support Siam Commercial Bank’s international transfer services as Thailand explores new approaches to digital financial infrastructure. The bank’s existing offering provides a practical example of cross-border payment technology within commercial banking.
Source: CryptoNewsLand
