American Express , Santander team up with Ripple for cross-border payments via blockchain.
Payments made by American Express' business customers on its FXIP platform will now be routed through Ripple's enterprise blockchain network
The blockchain project will initially allow customers in the U.S. to make instant, traceable cross-border payments with U.K. Santander bank accounts
Ripple said that its cryptocurrency, XRP, will "come into play" as a means of speeding up payments later on down the line.
"This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express , said in a statement Thursday.
Target for XRP until the end of the year with this news :
The price is still low I highly recommend to buy ripple coins
I personally have XRP and now I'm going to purchase more definitely.
ITS BETTER THAN BITCOIN ONLY BECAUSE OF ONE REASON THE DUPLICATION THIS COIN BECAUSE OF ITS RATE WILL MAKE MORE DUPLICATES FOR YOUR INVESTMENT.
and its closer than ever.