Over 300 financial institutions use RippleNet, but only a fraction directly use XRP for On-Demand Liquidity (ODL) in cross-border payments, with around two dozen publicly known banks like SBI Remit, Santander, and Standard Chartered piloting or integrating XRP, while many others use Ripple's underlying messaging tech without it, notes Yahoo Finance, Bitget, and Disruption Banking, as detailed in sources from November 2025, September 2025, and January 2026, respectively.
According to people familiar with the work, the two are testing an Amazon Bedrock–based AI pipeline designed to shrink XRPL incident investigations from days to minutes. If the Amazon X XRP partnership works, it would mark one of the firs cases where AI directly improves the blockchain.
The World Bank endorsing XRP as a bridge currency for cross-border transactions is pretty significant. It suggests XRP can make international money transfers faster and cheaper, which is a big win for banks in emerging markets.
Several banks, including Santander and the Commonwealth Bank of Australia, have confirmed strategic partnerships with Ripple Labs.
A growing list of global banks and financial companies are using XRP for payments, liquidity, and remittance. Below is a table summarizing confirmed institutional adoption. Let's have a more detailed look at each of these institutions and how they use XRP.
XRP is up 260% over the last five years (as of Nov. 30). To put it another way, if you had invested $100 in XRP five years ago, your position would now be worth $360.
DBS Digital Exchange now offers trading services across four fiat currencies (SGD, USD, HKD, JPY) and six well-established cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Polkadot, Cardano, and XRP. In addition, RLUSD & USDC is available exclusively with a USD pair.
Yes, the ATO knows about your crypto. It has an extensive data-sharing program with crypto exchanges operating in Australia. In May 2024, the ATO announced it had requested personal and transaction details on 1.2 million Australian cryptocurrency users from crypto exchanges to recover unpaid taxes.
It's highly unlikely. With a circulating supply of 57.1 billion tokens, a $1,000 price would push XRP's market cap to $57 trillion—more than double the U.S. GDP and over half the total value of the global stock market. Is XRP a good investment?
XRP has been integrated into Japan's financial system for years, backed by real-world infrastructure and regulated clarity.
If all goes according to plan, XRP could hit a price of $10 next year. XRP (XRP 0.51%) may be in the red for 2025, but it's exactly the type of cryptocurrency that could explode in price in 2026. Investors saw this firsthand in late 2024 and early 2025, when XRP skyrocketed by 580%.
For years, blockchains like Stellar and Ripple's XRP Ledger have been positioned as faster, more efficient alternatives to the SWIFT network. But these platforms have never really eaten into SWIFT's dominant market share of cross-border payments.
So the best-case scenario for XRP investors is another massive spike upward in 2026, due to the appearance of a new catalyst on the horizon. If the catalyst is big enough, it might be enough for XRP to double in price, from $2 to $4.
Large banks such as Santander use Ripple's technology to power faster consumer remittances. U.S. banks have also shown interest. PNC Bank has joined RippleNet, and Bank of America has confirmed pilot programs using Ripple's infrastructure.
The new partnership between Absa and Ripple extends Ripple's existing operations on the continent. Earlier this year, Ripple announced it is supporting Africa-based payments provider Chipper Cash with its crypto-enabled payments technology, as well as the arrival of its USD-backed stablecoin RLUSD in Africa.
7 Ways to Avoid Crypto Tax in Australia
All crypto transactions, no matter the amount, must be reported to the IRS. This includes sales, trades, and income from staking, mining, or airdrops. Transactions under $600 may not trigger Form 1099-MISC from exchanges, but they are still taxable and must be included on your return.
If you've bought, sold, or even received cryptocurrency in Australia, the ATO wants to know. In short: yes, crypto is taxed in Australia. Whether you're casually trading Bitcoin or investing in NFTs, the Australian Taxation Office (ATO) treats most crypto activity as taxable.
Ripple's XRP ecosystem just hit a major milestone: over 300 banks and financial institutions have now partnered with RippleNet. These include firms across North America, Europe, Asia, and the Middle East, using Ripple's blockchain rails for cross-border settlement and liquidity.
HSBC, a major global banking institution, has partnered with Metaco, a Ripple-owned technology startup, to build an institutional custody platform for tokenized assets.
Who are the biggest XRP holders?
XRP Market Cap Math Shows Why $1,000 Looks Unrealistic
15, 2025, XRP holds a circulating supply of about 59.9 billion tokens. At current prices, this gives the cryptocurrency a market value of $145 billion.
Is It Too Late to Buy XRP in 2022? It's still not too late to buy XRP in 2022, especially if you invest in crypto assets for the long term. The world of crypto assets is unpredictable. Every crypto asset will have its ups and downs throughout the year.
XRP, despite its current utility and potential to evolve into a more multifaceted player in the payments world, is structurally different from Bitcoin. I like to think of XRP as more of a business -- or at least an extension of a business (Ripple) -- whereas Bitcoin is more of a store of value.