Ripple Overtakes Ethereum to Become Second Largest Crypto After Japanese Bank Consortium Formed

 Rather unexpectedly, Ripple officially took over Ethereum by $200 mln in market cap to become the world’s second largest cryptocurrency with a total market cap of $8.5 bln. Over a 24-hour period, Ripple price recorded a 71.6 percent increase, while Ethereum price decreased by 6.85 percent. Japan Bank Consortium stated:“In order to address these emerging needs, banks have come together to launch the Japan Bank Consortium for cross-border and domestic payments which enable a flexible and efficient payment system. It is the world’s first case to implement Ripple solution in a cloud environment.”https://cointelegraph.com/news/ripple-overtakes-ethereum-to-become-second-largest-crypto-after-japanese-bank-consortium-formed

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