Citing a portion of the document, SMQKE emphasized that the One Pay FX system, developed in collaboration with Ripple, is not a speculative or experimental initiative, but rather a fully implemented and operational product.

Santander Identified as a Blockchain Pioneer

According to the document, Santander, one of the largest banking groups in Europe and the UK, is identified as a pioneer in blockchain adoption within the financial sector.

It confirms that Santander, which is controlled by the Banco Group, “has implemented a fully functioning One Pay FX payment system (from Ripple) running on blockchain.” The system is designed to optimize cross-border transactions, specifically targeting improved payment flows between Europe and South America.

Yes, Santander implemented a fully functioning payment system FROM RIPPLE that runs on blockchain technology.

Documented. pic.twitter.com/fRhuG8UKtJ

— SMQKE (@SMQKEDQG) July 27, 2025

Confirmation of Ripple’s Infrastructure in Production Use

SMQKE’s post underscores a verifiable and vital milestone in blockchain utility by a major financial institution. The post, quoting the document directly, aims to resolve any speculation surrounding the production-level use of Ripple technology by Santander.

By describing the system as “fully functioning,” the source reinforces the notion that Ripple’s infrastructure is already playing a meaningful role in international finance.

Community Reaction Emphasizes Broader Implications

Another user on the platform, AlphaTraveler1, responded by pointing out that the most intriguing implications might go beyond what has already been publicly confirmed. “The interesting part is not what we can see but what we cannot see! Imagine all other companies that are already in testing or finished testing! That’s the spark that will light the fire!”

This response suggests the potential for broader institutional adoption of Ripple’s blockchain solutions behind the scenes, though such claims remain speculative unless further documentation is made available.

We are on X, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) June 15, 2025

Ripple and Santander’s Role in Cross-Border Efficiency

The One Pay FX solution, developed in partnership with Ripple, has long been referenced in the fintech community. However, this document affirms that the solution is not in trial stages, but rather integrated into an active payment infrastructure.

It is not limited to Europe either, as the system’s stated purpose is to enhance cross-border payments between Europe and South America using distributed ledger technology.

Santander has not made additional public comments beyond what is reflected in the material cited. However, the appearance of Ripple’s role in a functioning payment system used by a Tier 1 global bank continues to be a significant reference point in ongoing debates about the relevance and maturity of enterprise blockchain solutions.

SMQKE’s focus on this citation highlights an effort to validate Ripple’s role in the evolving financial ecosystem through independently verifiable sources.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Santander Works With Ripple (XRP) appeared first on Times Tabloid.

In response, SMQKE dismissed this statement as factually incorrect, posting, “’No one’ uses XRP… except for hundreds of financial institutions like American Express, Bank of America, and Santander. But don’t let facts get in the way of a good narrative.”

SMQKE’s reply was accompanied by a screenshot of a cryptocurrency adoption chart showing documented institutional use of XRP, distinguishing his position with publicly available data.

Reference to Documented Institutional Use

The image shared by SMQKE originated from a comparative overview of top cryptocurrencies and their recent use cases. It highlights XRP’s role as a bridge currency for cross-border payments and settlement within Ripple’s infrastructure.

The document states that hundreds of financial institutions, including American Express, Bank of America, and Santander, maintain partnerships with Ripple, leveraging XRP within their operations. It further notes that Ripple has collaborated with global sustainability leaders such as the Bill & Melinda Gates Foundation and has committed to achieving carbon net zero by 2030.

This counters Krueger’s claim by presenting a factual account of large-scale adoption by corporate and financial institutions. While the use of XRP by individual retail investors or consumers may vary, SMQKE’s emphasis was on institutional adoption, which is clearly outlined in the source material he provided.

“No one” uses XRP… except for hundreds of financial institutions like American Express, Bank of America, and Santander.

But don’t let facts get in the way of a good narrative. https://t.co/R0Wz4m0UR4 pic.twitter.com/FFg6AYFV2B

— SMQKE (@SMQKEDQG) July 26, 2025

Clarification of XRP’s Function in the Financial Ecosystem

The referenced document explains that XRP functions as a bridge currency to facilitate real-time gross settlement, currency exchange, and remittance flows. It is not described as a retail-oriented digital currency like Bitcoin or Ethereum, but is positioned as infrastructure supporting global financial activity behind the scenes.

This utility has made XRP attractive to banks and payment providers who require fast, low-cost, and scalable solutions for international transactions. The institutions named in the chart suggest that XRP’s relevance lies more in financial infrastructure than in individual consumer payment use.

We are on X, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) June 15, 2025

Implications of the Response

SMQKE’s reply to Krueger serves to reaffirm XRP’s credibility within enterprise blockchain adoption. By presenting verifiable data, he rejects the notion that XRP is unused or irrelevant. His response focuses on the mismatch between the narrative pushed by some investors and the factual evidence of adoption by major financial institutions.

It also reflects a broader dynamic in the crypto sector where public perception often diverges from enterprise applications, particularly with utility-driven tokens like XRP that may not be as visible in consumer-facing environments but remain active in backend financial systems.

Krueger’s generalization that “not one actual human being is using XRP” appears to ignore this distinction. SMQKE’s counterposition centers the institutional framework in which XRP operates, distinguishing it from cryptocurrencies that are primarily retail-focused. He states that XRP’s strength lies in serving cross-border liquidity needs across banking infrastructure, not necessarily in direct consumer transactions.

By responding to Fred Krueger with documented examples of XRP adoption by major financial institutions, SMQKE reasserted the token’s practical application in enterprise settings. His remarks highlight the importance of distinguishing between consumer-facing crypto projects and those designed for financial infrastructure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Researcher Proves American Express, Bank of America, and Santander Use XRP appeared first on Times Tabloid.

With Ripple and Santander’s partnership and the bank’s grand vision for global payments by 2030, XRP appears increasingly positioned to be part of the next generation of financial infrastructure.

Ripple partner Santander shares a video on what banking could look like by 2030.

“Transactions will be made safer and faster by blockchain technology.”

“In the future, cash is no longer king.”

“Cryptocurrencies may rival cash by the end of the decade.”

Watch. pic.twitter.com/4L9662gYZW

— SMQKE (@SMQKEDQG) May 13, 2025

Virtual Banking Becomes the Standard

Santander projects that over two billion people will use digital bank accounts by 2030. The traditional banking sector may undergo major disruption, with only 20% of heritage institutions expected to remain active.

Banks will transition toward entirely virtual services, supported by open banking frameworks and data stored in the cloud. Santander believes blockchain technology is central to this transformation, stating that future “transactions will be made safer and faster by blockchain technology.”

The XRP Ledger (XRPL) already provides many of these capabilities, offering real-time, low-cost cross-border payments. XRP is used to source liquidity and settle transfers between currencies, aligning closely with the video’s depiction of efficient, digital-first financial systems, and the asset is gradually increasing its presence in the global financial system.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

Payments Without Physical Cards

The way people pay is also projected to change. Wearables and phones will become the dominant payment method, with physical cards rendered unnecessary. Santander anticipates that 60% of financial firms will support wearables as standard. At the same time, biometric verification, such as voice recognition and fingerprint scanning, is replacing traditional PINs and passwords.

People have shared videos from around the world showing XRP payments made in real-time using smartphones. These show that XRP is the perfect fit for this evolution of payment methods, and incorporating advancements in biometric security measures could provide even more secure blockchain-based systems.

Cryptocurrency Adoption on the Rise

The video forecasts that “cryptocurrencies may rival cash by the end of the decade,” with an estimated 200 million blockchain wallets. This rise in adoption coincides with governments exploring digital currencies and new payment systems. XRP, which has long been positioned as a utility token for institutional use, could play a leading role in this transition.

Ripple’s technology offers interoperability and scalability, two critical features as central banks and private entities explore blockchain for financial applications. As payment systems digitize and decentralize, XRP may be a neutral bridge asset in global value transfer.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Ripple (XRP) Partner Santander Shares How Crypto Will Takeover Payments by 2030 appeared first on Times Tabloid.

According to a local media, Eleconomista, Santander’s Executive Chairman Ana Botín said the product has been in the process for a while and it’s majorly driven by customer demand.

Read Also: MicroStrategy’s Michael Saylor Explains Why He Thinks Bitcoin (BTC) Will Go up Forever

“Our clients want to buy bitcoin, but we have been quite slow to adopt it due to regulatory issues. We are now about to offer crypto ETFs.”

It’s worthy of note that although the institution is planning the launch, no such product has been registered with the CNMV, the Spanish securities regulatory agency. Furthermore, Botín did not provide a timeline regarding the availability of the ETF.

The move by Santander is considered a game-changer since a majority of Spanish financial asset managers have shown less interest in putting money behind digital currencies. The reluctance possibly stems from a developing crypto ecosystem coupled with a lack of clear regulations.

Read Also: Bitcoin Now Bigger Than Tesla by Market Capitalization, Becoming 8th Largest Asset

Banks to Declare their Cryptocurrency Plans

This comes after the Spanish Central Bank directed financial institutions to disclose their cryptocurrency plans for the next three years. The institutions were also required to elaborate their business relationships with crypto-service providers and exposure to crypto.

Furthermore, the banking regulator also noted that the institutions should outline whether they plan to issue tokens or provide crypto custody, trading, or payment services.

Read Also: A Bitcoin Whale Moved $2.1 Billion Worth of BTC in A Single Transaction

With cryptocurrencies surging in value, Santander will likely record further growth with the launch of a Bitcoin ETF.

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

The post Banking Giant Santander Moves to Launch Spain’s First Bitcoin ETF appeared first on Times Tabloid.