American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?
2025-07-01 12:11:10
Main Idea
American Express's system upgrade has sparked speculation about potential Ripple integration due to their history of collaboration on cross-border payment solutions, though XRP's price has seen only a slight increase.
Key Points
1. American Express announced its largest-ever card refresh, enhancing rewards and services, including a partnership with Coinbase for a Bitcoin-back card.
2. Crypto commentators speculate that Amex's upgrade could hint at deeper integration with Ripple, given their past collaboration on cross-border payments.
3. Despite the speculation, XRP's price has only increased by 1% in the past 24 hours, trading at $2.20 at the time of writing.
4. Ripple and the SEC are working to resolve their long-standing legal case, with Ripple's chief legal officer stating that XRP's status as a non-security remains unchanged.
Description
American Express clients are facing delays in cross-border payments and wire transfers after the payments giant announced a sweeping system upgrade tied to a Federal Reserve update, sparking speculation that Ripple’s technology could soon play a role in Amex’s operations. Key Takeaways: Amex’s system upgrade has sparked speculation of Ripple integration. The timing of Amex’s massive Card refresh and new crypto rewards with Coinbase adds to XRP adoption rumors. Despite the buzz, XRP has seen only...
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