RippleNet Breakthrough: Global Banks Using the Technology

Updated

September 12, 2025

Gambar RippleNet Breakthrough: Global Banks Using the Technology

Jakarta, Pintu News – RippleNet has changed the way cross-border transactions are conducted by utilizing blockchain technology, with Ripple benefiting greatly.

Some of the world’s leading banks are now adopting Ripple’s services to make international financial transactions faster, cheaper, and more transparent. This article will review which banks are currently using RippleNet for their payment services.

Global Adoption of RippleNet

Major banks have already started integrating RippleNet into their payment systems. American Express (USA), SBI Holdings (Japan), and Santander (Spain) are some of them that have experienced the efficiency offered by RippleNet. The technology allows them to clear and settle transactions faster than traditional methods.

In addition, banks in Asia such as Axis Bank (India) and MUFG Bank (Japan) have also adopted RippleNet. The speed and lower transaction costs are the main factors for their choice. RippleNet has proven itself to be not only efficient but also secure for cross-border transactions, attracting more banks to join the network.

Also Read: Solana (SOL) Strengthens, Can it Continue to Rise in September 2025?

Benefits of RippleNet in the Financial Sector

RippleNet offers solutions that not only benefit banks but also their customers. Bank of America (USA) and Standard Chartered (UK) have seen an increase in customer satisfaction thanks to faster transactions and lower fees. The transparency offered by blockchain also increases customer confidence in bank services.

On the other hand, banks in the Middle East and South America such as National Bank of Fujairah (UAE) and Banco Rendimento (Brazil) have used RippleNet to expand their services globally. The ability to make real-time payments and remittances at a lower cost opens up new opportunities in international financial services.

Effect of RippleNet on XRP Value

With more than 300 corporations using RippleNet, the potential for growth in the value of Ripple (XRP) is becoming apparent. Banks that have adopted this technology such as Siam Commercial Bank (Thailand) and Woori Bank (South Korea) are contributing to increased transaction volumes, which in turn could increase the value of XRP. Investors and crypto market watchers are keeping a close eye on these developments.

The continued rise in value of Ripple (XRP) will provide significant returns for those who have invested in this technology. The growing collaboration and partnership between Ripple and various global banks promises a bright future for all parties involved.

Conclusion

RippleNet has established itself as a key player in the digital payments revolution. With growing adoption from global banks, the technology is not only changing the way the world transacts but also opening up new opportunities in the financial industry. Over time, RippleNet is expected to continue expanding its network, bringing more innovation and efficiency into the global payment system.

Also Read: Mid-September XRP Price Outlook, Ready to Surge Again? Check out the Latest Analysis!

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