Despite Ripple facing two lawsuits from the United States’ Securities and Exchange Commission [SEC], its products still seem to be much sought-after. According to a recent update from one of the oldest RippleNet members, Kuwait Finance House [KFH], it is now launching an instant cross-border payments service to Turkey.
As per the announcement, the bank will be using Ripple’s technology to bridge the gap of cross-border payments with Turkey. Kuwait Finance House has been among the leading Islamic banking institutions in the world and it has been a member of RippleNet since May 2018. Ever since