American Express (Amex) is reportedly exploring a collaboration with Ripple, according to crypto researcher SMQKE. The alleged partnership, first highlighted today on social media, suggests Amex may increasingly leverage Ripple’s blockchain for payment processing.
Ripple, known for its real-time global payments infrastructure, provides low-cost, transparent, and instant settlement solutions. If confirmed, the collaboration could expand Amex’s cross-border capabilities, reduce transaction costs, and accelerate blockchain adoption in mainstream finance. Analysts note that such a partnership could mark a shift from pilot programs to active enterprise-level usage of Ripple’s XRP Ledger.
Investors and market observers will be watching XRP closely, as technical support around $2.50 appears to be holding. The potential for a breakout is being debated by analysts, with XRP’s momentum and Ripple’s expanding institutional footprint providing a backdrop for renewed optimism.
Source: https://x.com/SMQKEDQG/status/1977663746609942906
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