.@Ripple and @santanderuk announce partnership with @AmericanExpress
- Business customers' payments will be routed through Ripple
- $XRP will "come into play" later down the line
#XRPthestandardhttps://www.cnbc.com/2017/11/16/american-express-santander-team-up-with-ripple-on-blockchain-platform.html …
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It's true. Keep in mind that there is a payment network (RippleNet) and that there is a settlement ledger (XRP Ledger). Banks have so far joined RippleNet, for which no XRP is needed. Next step is to settle payments on the XRP ledger, on which every transaction costs XRP.
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Thanks for the clarification. Appreciate it.
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You're welcome!
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