Santander Bank to Introduce Ripple Payment App

Home / Santander Bank to Introduce Ripple Payment App

As reported by the Financial Times, the global banking giant is launching a blockchain-based application for cross-border foreign exchange, built on distributed ledger technology provided by Ripple, called One Pay FX which will be available for customers in Spain, the U.K., Brazil and Poland, with further plans for expansion in other countries within the next few months. This makes Santander the first bank to implement offer blockchain-based foreign exchange payments.

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