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RE: Ripple to Partner with Santander Bank to Launch Ripple-Powered App
I actually think this is huge. The remittance market is one of the largest in the world and is currently dominated by players (think Western Union/Moneygram, etc.) who stick exorbitant fees on the users AND the receivers. Given over $400B is sent to developing countries every year, Ripple could disrupt that market and reduce the cost for users. Big move for Ripple
Agree