Banking giant Santander Group will start a "Ripple-app" in 4 countries

Ripple technology will be used by the largest financial group. Santander Group announced a mobile app based on the blockchain of the Ripple network. According to Finextra, the Bank tested the application within 18 months from its employees, combining technology with Apple Pay to make payments from 10 to 10 000 pounds (14 and 14 000 USD) . The app will be launched in Spain, Brazil, the UK and Poland, according to information on the company's profits in 2017 .

Customers will be able to use the application for carrying out unilateral cross-border payments in less than a minute, according to the announcement on the website of the company. The app will also provide a digital wallet, a personal Manager for Finance and help paying personal payments.
Press Secretary Santander said:

"We plan to launch this application in the next few months and we can confirm that we plan to use xCurrent in the project".
Product xCurrent from Ripple does not use XRP, a cryptocurrency is a private company.
The Executive Director of Ripple, brad Garlinghouse announced about it to your followers on Twitter, noting that the app will be released this quarter.

Ripple has spent about $ 84 million XRP from its nearly 1 billion of the January reserves last month, according to current market prices.
Last month, the company had access to a 1 billion XRP, which means that the remaining 900 million returned in escrow at the end of January. Funds were transferred back through two transactions.
Over the next four years the company sells 61 billion XRP worth 51 billion, closed in conditional deposition, through a series of mining contracts.+

Method escrow Ripple was designed as a way to increase the credibility of XRP.