XRP News Today: American Express Wire Transfer Delays Spark Ripple Speculation Amid Federal Reserve Update

American Express recently alerted its customers to delays in wire transfers and cross-border payments, attributing the issue to a system upgrade related to Federal Reserve updates. This announcement sparked speculation within the XRP community about the potential involvement of Ripple technology. The speculation arises from the historical collaboration between American Express and Ripple through RippleNet, which streamlined transactions between the U.S. and the U.K. Although there is no current link mentioned in Amex’s official statement, the timing of the delays coincides with broader trends in payment system modernization.

Several developments have fueled these theories. Firstly, American Express experienced payment processing disruptions during infrastructure changes. Secondly, the company refreshed the benefits of its Platinum Card after 40 years. Lastly, American Express launched the Coinbase One Card, which offers 4% Bitcoin rewards to cardholders. These events have led financial observers, such as Versan Aljarrah of Black Swan Capitalist, to suggest that payment infrastructure modernization could involve blockchain solutions, with Ripple being a plausible candidate due to its history with American Express.

Ripple’s XRP token showed modest movement following the speculation, trading at $2.22, up 2% in 24 hours. This stability occurred during broader cryptocurrency market declines. The Coinbase One Card launch preceded the payment delay notice by four days, adding to the intrigue. Financial institutions rarely confirm blockchain integrations during operational transitions, and industry observers expect potential confirmations later in 2025 if partnerships exist.

The Federal Reserve update affects multiple financial institutions, and American Express specified that its system upgrade relates to this broader banking adjustment. Cross-border payments require coordination between banking networks globally, and Ripple’s technology specializes in international settlement systems. Its xCurrent product previously reduced transaction times for American Express. Payment industry analysts are monitoring whether financial giants reuse tested solutions during upgrades.

American Express has not commented beyond its customer notice, and Ripple representatives maintain a standard policy of not discussing unannounced partnerships. Market reactions remain measured pending official disclosures. The speculation highlights the ongoing interest in blockchain technology and its potential to revolutionize payment systems, with Ripple being a key player in this space.