Tech giants are increasingly exploring blockchain technology to streamline their operations. Amazon has recently demonstrated interest in integrating Ripple’s XRP cryptocurrency into its payment system, a move that could significantly impact cross-border transactions. During an official AWS panel discussion, Amazon representatives revealed they are collaborating with Ripple to explore the potential of using XRP for payments, seeking opportunities for both merchants and consumers. 🚨 Amazon & $XRP 🚨 ➡️ A team dedicated to exploring how XRP can be used in payment systems has been established within Amazon Web Services (AWS). ➡️ This initiative suggests a shift from mere talk to practical exploration regarding XRP’s capabilities in payment applications. ➡️ While concrete plans remain under wraps for now, the collaboration between AWS and Ripple holds significant implications if implemented, potentially boosting XRP’s utility, especially within the larger scope of Amazon’s vast cloud infrastructure and its products. ➡️ The development comes as Ripple has been actively pursuing partnerships with financial institutions worldwide to expand its ecosystem. ➡️ Ripple’s recent licensing in the Middle East for its stablecoin RLUSD from the Dubai Financial Services Authority (DFSA) is a testament to this progress. ➡️ Following this, Ripple collaborated with local partners Zand Bank and Mamo for blockchain payments. ✅ With the SEC lawsuit finally resolved after years of legal battles, Ripple expects US banks to embrace XRP, paving the way for wider adoption in the financial industry.