The XRP market reacted with immediate upwards movement, something that has not been seen for quite a while.
We're excited to announce @ AmericanExpress joined RippleNet! Instant payments are now live between the US – UK!https://t.co/nPSjUTmqUy
— Ripple (@Ripple) November 16, 2017
More than just a membership, AMEX customers will see an immediate improvement in how they send money globally. This move promises to allow people who use American Express FX International Payment (FXIP) to have a so-called immediate improvement in how money is sent globally.
This move essentially creates a channel between the US and the UK to make transfers more efficient. Transfers that used to take days can now be completed in real time.
For more information read the update on the Ripple website: