Thailand's Largest Bank Snubs Ripple - Selects Stellar-based Blockchain for Cross Border Remittances

In an apparent snub to Ripple, Thailand’s oldest bank, Siam Commercial Bank (SCB) is set to open a new cross border remittances corridor in partnership with Lightnet, a fintech company that uses the Stellar blockchain. SCB says the partnership opens the door for more efficient cross border funds transfer from South Korea to Thailand. Before […] The post Thailand's Largest Bank Snubs Ripple - Selects Stellar-based Blockchain for Cross Border Remittances appeared first on Bitcoin News.