Ripple has announced a significant network upgrade through its integration with the TAS Network gateway, aimed at supporting European core banking systems. This development facilitates seamless access to high-value payment systems, real-time gross settlement, and cross-border euro transfers, enhancing the efficiency of financial transactions.
The integration promises faster, cheaper, and more efficient settlements without the need to replace existing infrastructure. This move aligns with the European Central Bank's goals for distributed ledger technology (DLT)-based settlements by 2026, highlighting Ripple's role in advancing real-world asset (RWA) innovations in the financial sector.
Ripple Integrates with TAS Gateway to Enhance European Banking Systems
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