Japan SBI’s 9% Stake in Ripple Shocks U.S. Treasury Bessent

U. S. and Japanese financial leaders are eyeing Ripple as a bridge for cross-border growth. SBI CEO Yoshitaka Kitao revealed that his group holds a massive 9% stake in Ripple, leaving U. S. Treasury Secretary Scott Bessent visibly shocked. With Japan already using Ripple’s technology in banks and remittances, both countries are now exploring stablecoins and next-gen … source: https://coinpedia.org/news/japan-sbis-9-stake-in-ripple-shocks-u-s-treasury-bessent/