Turkey’s Second-Largest Bank Adds XRP Support as Analyst Predicts 10,000% Surge
The post Turkey’s Second-Largest Bank Adds XRP Support as Analyst Predicts 10,000% Surge appeared on BitcoinEthereumNews.com.
Turkish bank Garanti BBVA, the country’s second-largest, has expanded its cryptocurrency offerings by integrating Ripple’s XRP and Arbitrum (ARB) into its mobile app. The bank’s decision to add XRP was driven by customer feedback, and it aims to further grow its crypto services. A prominent Turkish bank and the second-largest in the country, Garanti BBVA, recently announced support for Ripple’s native cryptocurrency XRP within its mobile application. The announcement came through a recent notification accessible from the bank’s official website which stated that it now provides services for XRP. Later, community figure WrathofKahneman drew public attention in his post on the X platform. The recent integration of XRP comes as part of Turkish bank Garanti BBVA’s expansion of crypto offerings. In addition to XRP, Garanti BBVA also introduced Arbitrum (ARB), a top 50 crypto asset, into its platform. These additions join other supported assets, including Ethereum (ETH), Bitcoin (BTC), Avalanche (AVAX), Chiliz (CHZ), and the stablecoin USD Coin (USDC). Korcan Abali, General Manager of Garanti BBVA Digital Assets, also explained that the decision to add XRP was driven by customer feedback. This comes following the previous announcement by the bank wherein it announced plans to expand its crypto offerings via a comprehensive monthly security review. Furthermore, Abali also stated that there’s a growing interest in crypto assets custody and trading among its customers. He added that the bank would continue to support its customers throughout their crypto journey by offering excellent customer service, robust security, and cutting-edge technology. Following the recent changes to Turkey’s Capital Markets Law, Garanti BBVA has already gained recognition as a crypto asset service provider. This $76 billion banking giant is famous for providing services across different banking verticals. Analysts Predict 10,000% Rally in XRP Popular crypto analyst EGRAG recently suggests the ripple’s native XRP could…
Filed under: News - @ September 29, 2024 11:56 pm