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April 24, 2018

On the web

Inside Santander’s plans to digitize money

Tearsheet

“Many banks focus their blockchain efforts on post-trade processing or bank-to-bank payments, but Santander is working on tokenizing payments for retail customers. The Spanish banking giant’s U.K. arm recently launched One Pay FX, a mobile payments service for its U.K. debit card holders that want to send payments to people in Euro Zone countries and the U.S. It’s the first market-ready product built on blockchain technology, Ripple’s xCurrent protocol, for retail customers. It had been running as a pilot for employees for the last 18 months.

April 5, 2018

On the web

Ripple Has Tried to Buy Its Way Onto Major Exchanges for Cryptocurrency

Bloomberg

“Ripple has a problem. The startup controls the world’s third-largest cryptocurrency, XRP. Banks have signed onto its network and bought equity stakes in its business, which wants to rewire how money moves around the world. And yet when it comes to obtaining a coveted listing for XRP on two of the top U.S. cryptocurrency exchanges, Ripple hasn’t been able to close the deal.”

March 23, 2018

On the web

Ripple [XRP] To Launch Its Blockchain Payments Solution In China Later This Year

Ethereum World News

“Ripple is turning its attention to the Chinese market as it looks at expanding its services within the Asia Pacific region later this year. According to a report from Finance Magnates, China’s regulators, payment providers, and banks are looking at Ripple’s xCurrent payment settlement solution as they attempt to improve cross-border settlements with end-to-end tracking.

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March 12, 2018

On the web

How XRP’s Tech Differs from Other Crypto Assets

Coindesk

“Created in 2012 and now securing $40 billion in total value, XRP is the third-largest cryptocurrency network today, one that has gained publicity as the company that manages its operations, Ripple, has inked a range of impressive partnerships. One point of criticism that has emerged, though, is that most of the announcements don’t have much to do with XRP, but Ripple’s other financial products. At least some users have been unaware of the distinction (though CoinDesk has a guide for that).”

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