NewsBTC
Sep 22, 2025
13 1

Ripple CTO: Banks Integrating XRP, Trillions Expected in Transactions

Ripple's chief technology officer reports that banks are beginning to integrate XRP for payments. A bank linked to Ripple plans to operate entirely on the XRP Ledger.

  • Ripple seeks a New York banking charter and Federal Reserve master account, aligning with ISO 20022 standards.
  • This aims to position XRP for large-scale settlement operations.

Banks and Real-World Use

  • DBS and Franklin Templeton partner on tokenized trading and lending products.
  • Franklin Templeton launches sgBENJI, a US dollar money market fund token, on DBS Digital Exchange.
  • Ripple’s RLUSD stablecoin supports trading activity, valued at nearly $730 million.

Stablecoins and Custody

  • The system facilitates moving between stablecoins and yield-generating tokens.
  • BNY Mellon acts as custodian for reserves backing RLUSD.

Regulatory and Infrastructure Developments

  • Over 20 spot XRP ETFs are under consideration in the US.
  • The Depository Trust & Clearing Corporation explores tokenization impacts on settlements.

Market Momentum and Caution

  • Banks proceed cautiously with integration tests and compliance checks.
  • Potential exists for multi-trillion-dollar flows if tokenization is reliable.

Price Speculation

  • XRP trades around $2.8, with a significant rise of nearly 600% in recent months.
  • Analysts forecast prices ranging from $50 to $10,000.

The outlook combines optimism with technical and regulatory progress.