- A bullish XRP influencer sparked excitement within the community after sharing news about the launch of an international payment solution by Ripple partner Santander (MC:SAN).
- Neither Ripple nor XRP was mentioned in the original article shared by the influencer, and Ripple had no hand in Santander’s new solution.
- Regardless, the XRP community is thrilled, especially that they see Ripple winning the lawsuit against the SEC.
The crypto community ran abuzz after a Ripple and XRP influencer shared news about the launch of an international payment solution by Santander — a Ripple major partner.
BOOOOOOOOOOOOOOOM!!!!@Ripple partner Santander announces instant payments for companies in Europe and Brazil! #XRP https://t.co/mJE6BEZVHk pic.twitter.com/OVbbnr6QLV— JackTheRippler © (@RippleXrpie) March 31, 2022
Santander Bank, a Spain-based financial institution, has just introduced the One Trade platform that enables clients to make international payments to anyone in Europe or Brazil in an instant.
This news had XRP HODLers excited, thinking that the development may factor in the coin’s growth in value. The tweet by JackTheRippler garnered over 2,600 likes and 700 retweets at press time.
One user even shared a quote by Ripple CEO Brad Garlinghouse, which says, “we are going to drive a massive demand for XRP because we’re solving a multi-trillion dollar problem.”
Among the many users who were thrilled by the post, david_sissons pointed out that that article shared by JackTheRippler had no mention of Ripple. User Dr Chongkee chimed in saying that the original author of the tweet did not explicitly say Santander’s use of Ripple’s services.
David_sissons replied:
Santander Bank, a Spain-based financial institution, has just introduced the One Trade platform that enables clients to make international payments to anyone in Europe or Brazil in an instant.
This news had XRP HODLers excited, thinking that the development may factor in the coin’s growth in value. The tweet by JackTheRippler garnered over 2,600 likes and 700 retweets at press time.
One user even shared a quote by Ripple CEO Brad Garlinghouse, which says, “we are going to drive a massive demand for XRP because we’re solving a multi-trillion dollar problem.”
Among the many users who were thrilled by the post, david_sissons pointed out that that article shared by JackTheRippler had no mention of Ripple. User Dr Chongkee chimed in saying that the original author of the tweet did not explicitly say Santander’s use of Ripple’s services.
David_sissons replied:
So means nothing then
It can be remembered that Ripple partnered with Santander to develop One Pay FX, a solution offering better international transaction speed and transparency with low costs back in 2018. The service is available for users in the U.K., Brazil, Poland, Spain, Portugal, and Chile.
Two years later, Santander launched its subsidiary PagoFX, which enables UK debit cardholders to send money overseas using their smartphones. Interestingly, PagoFX does not run on Ripple.
For Santander’s recent launch, it will utilize the One Trade Solution, which is powered by the bank’s global payments platform PagoNxt. Again, Santander did not tap Ripple for the project.
Regardless, the Ripple supporters and XRP holders are adamant about keeping their tokens. At the time of writing, XRP trades at $0.866937 with a 24-hour trading volume of over $1.7 billion. It has gone up by 0.75% over the last day.
In other Ripple news, speculations suggest that the Ripple vs SEC lawsuit will end this year, with Ripple supporters already positive that the company will win the case following the SEC’s delay in disclosing important information.