
Ripple Eyes $155T Cross-Border Payments Market as XRP Bulls Revive SWIFT-Replacement Narrative
- —The $155T figure refers to global cross-border payments, not the $685B remittance market
- —Jeonbuk Bank replaced multi-day SWIFT transfers with Ripple Payments for business clients
- —JPMorgan, Ripple and Ondo completed the first tokenized treasury settlement on the XRP Ledger
- —XRP futures open interest topped $4.1 billion as RLUSD market cap neared $2.5 billion
Why it matters: Institutions can settle on the XRP Ledger without holding XRP, with RLUSD absorbing flows — a key risk for token holders.
Source: CoinGape
More on this
Exchanges · yesterdayPantera CEO Says Ripple Is Taking Aim at SWIFT in Cross-Border Payments
Regulation · yesterdayFedNow Moves Into Cross-Border Payments Without Putting Dollars on a Blockchain
DeFi · Sep 25UAE and Singapore emerge as testing grounds for stablecoin cross-border payments