SBI Ripple Asia Co., Ltd.

And I can't pronounce these names, so please, I apologize in advance.

Mitsubanking Corporation, Japan Post Bank, and SBI Ripple Asia were all participated in this consortium johnny crypto and i think this is so interesting because once again it all starts in japan right and i know it all starts in london for the xrp community but when you really look at where the technology is expanding in real time japan is front and center xrp number one topic of discussion i'd love to hear your reaction to this one

Yeah, well, I mean, first of all, this is part of, remember when we were talking about when Ripple got sued and they couldn't really do much in the U.S.? And remember, they told us, hey, well, we're just going to start working on planting seeds outside of the U.S. And this is the kind of result now that I was looking for, was excited about, is knowing that, okay, that's fine.

They're not working here, but they're working in the rest of the world.

Yeah, that's right.

And so you just heard it for yourself that SBI Ripple Asia once brought together 50 banks centered around Ripple's technology and SBI Remit later brought XRP to live international transfers inside the country of Japan.

so japan has definitively been perfecting this technology in the background and now we're getting the global catalyst in the oil market that makes these products necessary but i'm going to take this one step further showing you guys exactly what's happening in japan starting off with this explanation from jay claver now in this interview right here with jay claver he clearly outlines how xrp has been positioned for years by the bank of international settlements and japan to be the solution for the yen carry trade unwind we're going to talk about that all throughout today's show but if you're enjoying this content smash that like button and let me know underneath the video do you believe xrp was built to be the solution for the reverse carry trade

here's the clip what do you think are going to be some trickle-down effects stepping stones that lead to a potential global mass adoption of these