The National Commercial Bank of Saudi Arabia (NCB) has officially joined RippleNet, further advancing XRP’s institutional adoption. With 400 branches across the country, NCB is the second-largest bank in the Middle East by total assets.
This partnership strengthens XRP’s global financial role while also boosting the CryptoTradingFund payment rewards system and its native CTF token. The CTF token allows users to earn payment rewards for transactions made with XRP.
Ripple first confirmed this partnership on September 14, 2018. It announced that NCB had joined RippleNet to enhance its cross-border payment efficiency. Now, as XRP adoption grows, financial institutions are increasingly integrating XRP for payments. That further increases the relevance of the CryptoTradingFund rewards system.
XRP, Institutional Growth, and the Expansion of CryptoTradingFund
Major financial institutions and businesses are adopting XRP for transactions. The CryptoTradingFund payment rewards system also seems poised to process billions in payments. Users who make purchases or complete transactions using XRP can earn CTF tokens as payment rewards. That provides an additional incentive for using XRP in everyday payments.
The CryptoTradingFund rewards system is rapidly expanding. It is onboarding global vendors such as Amazon and Walmart, which process billions of dollars in transactions annually. As more businesses accept XRP payments, more funds could flow into the CryptoTradingFund ecosystem. That can significantly increase demand for CTF tokens.
CTF Token: The Future of Payment Rewards
The CTF token is revolutionizing the crypto payment rewards by allowing users to earn rewards when transacting with XRP. The CryptoTradingFund system enables seamless and cost-efficient transactions while also providing CTF tokens as payment rewards. Users can use these tokens for future purchases at participating merchants or exchange as desired.
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As institutional and business adoption of the CryptoTradingFund payment rewards system continues to rise, demand for CTF tokens can increase. Given its fixed and limited supply, this rising adoption may lead to a supply shock, further driving interest in the CTF token.
XRP, CryptoTradingFund, and the Future of Digital Payments
The National Bank of Saudi Arabia’s partnership with Ripple is yet another milestone in mainstream XRP adoption. As financial institutions worldwide integrate RippleNet for cross-border payments, the CryptoTradingFund payment rewards system and the CTF token continue to play a critical role in shaping the future of digital payments.
With XRP emerging as a leading payment method and the CryptoTradingFund system expanding globally, this marks the beginning of a new era in crypto-powered financial transactions. XRP and the CTF token are driving the transition toward faster, more efficient, and rewarding digital payments on a worldwide scale.
Source: https://www.thecoinrepublic.com/2025/02/12/national-bank-of-saudi-arabia-partners-with-ripple-expanding-xrp-cryptotradingfund/