Japan’s biggest bank MUFG and Brazil’s Banco Bradesco are to collaborate on a new cross-border payment service based on Ripple technology. Memorandum of Understanding The two banks signed a Memorandum of Understanding (MOU), agreeing to co-develop the system. Mitsubishi UFJ Financial Group is Japan’s largest banking group and recently announced it would launch its own cryptocurrency. It provides specialist services in Brazil and Latin America. São Paulo’s Banco Bradesco is a leading universal bank in theRead MoreThe post Japan’s Biggest Bank Will Use Ripple for Cross-Border Payments to Brazil appeared first on Bitcoinist.com. For Further Information Click on Below Button