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eToro comment: XRP erases a week’s worth of losses in 1 hour
Mati Greenspan, Senior Market Analyst at eToro, the global, multi-asset, investment platform:
“In a single hour of trading yesterday, XRP managed to erase an entire week’s worth of losses. A jump of 10% seems to have buoyed the entire crypto market and sentiment is once again optimistic.
“Ripple was in the news yesterday as CEO Brad Garlinghouse and CEO of SWIFT Gottfried Leibbrandt appeared onstage together at the Paris Fintech Forum. The SWIFT CEO announced a partnership with payments provider R3, which Ripple also does business with.
“Crypto investors have joined the dots and, rather than rivalry between the two companies, are seeing the development of a larger network, which includes all the major players in the industry and represents the next step in cryptoasset technology. We’ll have to watch and wait to be sure, but this potential collaboration seems to have further buoyed market sentiment.”
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Ant International will launch cross-border QR code payments between the Saudi Arabia’s (KSA) national payment scheme, mada, Alipay+, during 2026 to drive digitisation and inclusive growth for local merchants.
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The Saudi Central Bank (SAMA) announced the launch of Google Pay through the Kingdom’s national payment network, Mada
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Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
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Starling has revealed major changes to its visual brand, with a new logo, colours and card designs set to roll out to the bank’s app
barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia
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Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments
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