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Saudi Aramco Shocks Markets with Ripple XRP Partnership—Here’s What’s Real

Saudi Aramco Shocks Markets with Ripple XRP Partnership—Here’s What’s Real

Published:
2025-05-29 16:51:02
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Saudi’s Oil Giant Partners with Ripple XRP, WHITE: Fact Check

Oil meets blockchain in a move nobody saw coming. Saudi Aramco—the world’s most profitable oil company—just inked a deal with Ripple. Cue the speculative frenzy.

Why this matters:

- Cross-border payments for oil trades could get a lot faster (and cheaper). Ripple’s tech slashes settlement times from days to seconds. Aramco’s not messing around.

- XRP holders are popping champagne—but let’s see if this actually moves the needle beyond today’s 15% price pump. Remember: partnerships don’t always equal adoption.

The fine print:

No official figures released yet, but insiders whisper this could process billions in annual transactions. Typical crypto—big claims first, details later.

Meanwhile, traditional banks are sweating. Their 1970s-era SWIFT system just got another competitor. How long before they ’blockchain-wash’ their own systems?

Closing thought: In a world where oil giants dabble in crypto between private jet flights to climate summits, maybe money really does grow on (digital) trees.

|Square

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