Ripple and American Express have a collaboration agreement to streamline and improve business transactions between the United States and the United Kingdom, where it has signed an agreement with Banco Santander.

Interesting announcement on Twitter by Ripple, who has just announced an agreement with the credit card and financial services company American Express, a company that joins Ripple Net, to make use of its global payments services between companies. This has logically caused the price of Ripple to skyrocket, although it is now stable. The press release released by XRP mentions that American Express is the last company to be included in its network and this means that many financial companies take advantage of the services and the blockchain of this cryptocurrency.

The first point of the new alliance indicates that American Express FX International Payments will form a consortium with Banco Santander, specifically its UK division, to create a transaction channel between the United States and the United Kingdom. Both countries have numerous trade agreements, highlighting the need for a commercial channel connecting them via Ripple Net to expedite business-to-business transactions.

Greg Keeley, Executive Vice President of Global Cooperative Payments at American Express has said in this regard: We have shown how blockchain technology is playing a transformational role in the way that customers are being served ... This partnership with Ripple will not only help reduce the time it takes to process international transactions, but you can also make our transactions more effective for our customers.

After the rest of the information was released this morning, XRP has risen in value throughout the day to $ 0.27, which has reached a maximum and then has stabilized between $ 0.23-0.24, which is the value at which it is move right now. Undoubtedly, there are more and more companies that see the utility and the need to work with cryptocurrencies directly or indirectly, to streamline operations and expand markets.