Yes, Australia is using XRP, primarily for efficient cross-border payments and remittances through fintech partnerships with Ripple, with companies like Novatti Group utilizing the XRP Ledger for instant settlements, though mainstream retail adoption for everyday purchases is still growing but increasing as businesses accept it for goods, travel, and even as collateral for loans.
XRP is no longer just a speculative asset in Australia; it's gradually becoming a functional liquidity tool. According to Ripple's 2023 report, Australia ranks among the top 10 countries with active RippleNet integration, particularly in cross-border payments and remittances.
Major banks, including SBI Holdings, Santander, and PNC Bank, use RippleNet's infrastructure – and sometimes XRP itself – for faster cross-border payments between institutions. RippleNet a payment network created by Ripple Labs that caters to banks and financial institutions.
A CBA spokesperson confirmed the bank has been experimenting with Ripple and added that Commonwealth Bank will continue to test crypto protocols and soon begin a wider experiment with one of our offshore subsidiaries to explore the benefits of interbank transfers using these protocols.
Japan's shaping up to be Ripple's most important market heading into 2026. The country offers what Ripple rarely gets elsewhere: clear crypto rules, mature stablecoin legislation, and a deep partnership with SBI that anchors Ripple's payment network across Asia.
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.
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. However, few of these 300 banks are using XRP for settlement.
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.
In late 2024 and early 2025, XRP soared in price by 580%. A similar price explosion might be possible in 2026, taking the price of XRP from $2 to $10. New spot ETFs and ramped-up buying by XRP treasury companies could send the price of XRP higher.
XRP's price has increased by 228% over the last five years. If you'd invested $1,000 in it five years ago, you'd now have $3,282. The S&P 500 index has grown by 83%, meaning it would've turned $1,000 into $1,831. However, it's worth noting that all of XRP's gains came after the 2024 presidential election.
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.
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.
Get a loan against your XRP. Open a crypto-backed Credit Line using your XRP as collateral. Enjoy a flexible repayment schedule, tax-efficient borrowing, and interest rates as low as 2.9%.
Investing $1,000 in Bitcoin five years ago (around late August 2020) would have yielded significant returns, turning your investment into roughly $9,000 to over $10,000, potentially even higher depending on the exact date, due to Bitcoin's substantial growth, despite periods of sharp volatility like the late 2022 downturn.
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?
Several banks, including Santander and the Commonwealth Bank of Australia, have confirmed strategic partnerships with Ripple Labs.
Ripple Labs remains the single largest holder of XRP, controlling around 42% of the total supply. These holdings are primarily managed through the company's escrow system. Chris Larsen personally holds roughly 2.5 billion XRP across several wallets, accounting for about 4.6% of the global market capitalisation.
Time Traveler's statement — that holding 2,000 or more XRP in 2025 could make one a millionaire — is undeniably attention-grabbing. But while it highlights the powerful optimism surrounding XRP's future, achieving such a valuation would require a scale of global financial realignment far beyond current projections.
While some predict XRP could reach $10,000, it's considered extremely unlikely by most experts due to the astronomical market capitalization required, which would dwarf the entire global economy; realistic targets focus on much lower figures driven by adoption and utility in global payments, though a few analysts still hold out hope for significant long-term growth if the network achieves mass adoption and major supply changes occur.
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.
In a development that could accelerate the evolution of cross-border financial infrastructure, JPMorgan's GTreasury initiative on the XRP Ledger signals a potential turning point for global payments.
Buy XRP and store it in any wallet. Then sell your XRP for fiat, and get paid directly to your bank account, credit card or debit card.
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.