Santander Inadvertently Claims To Use XRP: Hilarity Ensues
- Admin
- Mar 24, 2019
- 2 min read
An erroneous tweet from Santander UK caused a brief stir of excitement in the loins of XRP fans when news filtered out that the cryptocurrency token was being used for international payments.
Twitter user Wes G may have been trolling the financial institution when he asked “how is Santander getting on with using XRP for payments?” but the official, verified Twitter feed from Santander offered a rare glimpse of XRP being used for anything other than a speculative investment.
Hey Wes, we’re doing great. We’re using XRP for international payments to 18 EU countries and the USA. This is on our iPhone app called One Pay FX. ^TC — Santander UK Help (@santanderukhelp) March 23, 2019
Unfortunately for XRP hodlers, and the Daily HODL (which produced a story with impressive x-rapidity, as it were) this exciting state of current affairs was quickly snuffed out by a clarification from the Santander team.
We are sorry, unfortunately due to a misunderstanding we have given incorrect information. We do apologise for the confusion this has caused. One Pay FX uses xCurrent only. You can find out more here: https://t.co/EGWMMqZhkA. — Santander UK Help (@santanderukhelp) March 24, 2019
Although Santander did not issue a statement that said “Over our dead bodies…” the fact is that the xRapid product is still in the extremely, extremely, extremely, extremely early stages of deployment – and no major bank has publicly committed to the product. A recent Forbes article was clear that a partnership with Euro Exim Bank was small potatoes.
Ripple Labs’ products include xRapid, which uses the XRP token, and xCurrent, which does not.
The value of $XRP was down 0.84% over the last 24 hours, according to CryptoCompare.
XRP Chart
Chart byCryptoCompare #ccpw-ticker-22580 .ccc-chart-header { background: #2196F3} #ccpw-ticker-22580 #ccc-chart-block .exportBtnTop, #ccpw-ticker-22580 a.tabperiods.tabperiods_active, #ccpw-ticker-22580 .coin_details { color: #2196F3; background: rgba(33,150,243,0.15); } #ccpw-ticker-22580 .coin_details { border: 1px solid rgba(33,150,243,0.16); } .ccpw-container_chart #ccpw-ticker-22580 .coin-container:after, .ccpw-container_four #ccpw-ticker-22580 .coin-container:after {border-color:#ccc !Important;}
The author is invested in cryptocurrencies, but not XRP.
Comments