Ripple has positioned itself as one of the leading institutional-focused cryptocurrencies, building strong partnerships with banks, payment providers, and enterprises.
Over the years, Ripple has steadily expanded its global network of partnerships, with many organizations using Ripple Payments, the web3 firm’s global payments platform, and others integrating XRP through On-Demand Liquidity (ODL) solutions.
Let’s explore which companies and banks are using XRP or Ripple services and how they’re doing it in this new finanical era.
Before diving into which firms have adopted or are using Ripple products, it’s important to distinguish Ripple’s key offerings and what they do.
In 2018, PNC became one of the first US banks to adopt the Ripple Payments platform, using the technology to process international transactions for commercial clients and beyond, with the fastest speeds in the industry.
SBI Holdings in Japan remains one of Ripple’s strongest allies. Together, the two companies formed SBI Ripple Asia, promoting the adoption of Ripple Payments across Japan and Asia.
SBI has also integrated the XRP token into multiple services, including SBI VC Trade and MoneyTap, a payment app used for domestic bank transfers in the region.
As of 2025, SBI has announced plans to help boost RLUSD adoption in Japan with SBI VC Trade, aiming to make RLUSD available in Japan from March 31, 2026.
Standard Chartered partnered with Ripple to improve its cross-border payment efficiency, particularly within certain emerging markets where traditional banking infrastructure is limited, thus widening finanical accessibility.
Santander was an early adopter of Ripple, integrating ‘RippleNet’ into its One Pay FX application platform to provide same-day international transfers.
While the bank explored using XRP via on-demand liquidity, the bank ultimately focused on Ripple Payments for its operations.
Ripple confirmed in 2020 that Bank of America was a customer, although details remain limited. Reports suggest the bank is experimenting with Ripple technology for settlement systems and potential cross-border payment integration.
In September 2025, Ripple made its enterprise-grade stablecoin RLUSD available to institutions in Africa with 3 new partnerships with Chipper Cash, VALR and Yellow Card.
The new partnerships will expand RLUSD’s global reach, especially within certain regions in Africa. Ham Serunjogi, Co-Founder & CEO at Chipper Cash:
“After establishing our partnership with Ripple earlier this year to support faster, cheaper, more efficient cross-border payments into Africa, we were keen to make RLUSD available to our clients as soon as possible. RLUSD is uniquely positioned to drive institutional use of blockchain technology across Africa and broader global markets, including through cross-border payments.”
Australian fintech firm FlashFX has leveraged Ripple’s liquidity services and XRP for real-time remittances, offering all customers faster and cheaper international transfers.
Bitso, a Mexican crypto exchange, plays a central role in Ripple’s U.S.–Mexico payment corridor. It serves as a liquidity provider, converting between XRP and pesos to enable cross-border remittances.
Back in 2020, UK-based fintech firm Azimo partnered with Ripple to use XRP for remittances between the UK and the Philippines. The integration reduced costs and significantly improved transfer speeds. Azimo has since been acquired by Papaya Global but remains a notable case study for Ripple’s ODL adoption.
Australian payments company Novatti joined Ripple Payments to expand remittance services in Southeast Asia and Oceania. In 2025, Novatti launched its AUDD stablecoin on both the XRP Ledger and Hedera Hashgraph, with plans to expand to other blockchain networks like Stellar XLM and XDC Network.
Companies adopting Ripple’s solutions, particularly ODL, are able to make use of several advantages, including:
Since ending their legal dispute with the SEC, Ripple CEO Brad Garlinghouse has refocused on US and European expansion, particularly in emerging economies, with a revigorated focus on the UK.
Meanwhile, global inefficiencies in legacy payment systems are driving companies to explore blockchain-based alternatives like Ripple. Pro-crypto policies under the Trump administration have paved the way for the upcoming approval of XRP ETFs, giving institutional investors direct exposure to Ripple’s ecosystem, fueling further demand for XRP.
From multinational banks to fintech firms, with Ripple Payments, XRP, and RLUSD, a complete payments stack has been formed with Ripple being well-positioned to accelerate financial innovation. As legal clarity improves and more enterprises seek faster, cheaper, and more transparent cross-border solutions, Ripple and XRP are set to play an increasingly vital role in the future of global finance.
The post Which Banks and Enterprises Are Using Ripple XRP ? first appeared on AllinCrypto.
Also read: Avalanche (AVAX) Price Prediction 2025: Will It Break $30 or Fall Below $23?
