• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Ripple XRP Mentioned in IIF’s BIS Response on Cross-Border Payments
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Ripple XRP Mentioned in IIF’s BIS Response on Cross-Border Payments
Crypto News

Ripple XRP Mentioned in IIF’s BIS Response on Cross-Border Payments

vitalclick
Last updated: May 14, 2025 1:52 pm
2 weeks ago
Share
SHARE

Contents
IIF Mentions Ripple in BIS ResponseStablecoins Get a Nod — But Not RLUSD YetRipple’s Wider Recognition Keeps GrowingNever Miss a Beat in the Crypto World!FAQs

Post the historic win of Ripple in the Ripple vs SEC case, Ripple’s blockchain payment system and its native token XRP are getting fresh global recognition. The Institute of International Finance (IIF) recently highlighted XRP as a faster and cheaper alternative for moving money across borders, especially in areas underserved by traditional banks. XRP acts as a bridge asset, enabling near-instant settlements without relying on multiple banking intermediaries.

IIF Mentions Ripple in BIS Response

In this January consultation with the BIS, the The Institute of International Finance (IIF) responded how to bolster crossborder payments. The mention #XRP on #Ripple‘s network as an alternative rail. Also mention stablecoins, though #RLUSD was likely too new for consideration. pic.twitter.com/LD9Wk12F5M

— WrathofKahneman (@WKahneman) May 13, 2025

According to the popular crypto analyst WrathofKahneman (WOK), this recognition came through the IIF’s feedback to a January 2025 consultation held by the Bank for International Settlements (BIS), under the G20’s roadmap to improve global payments. In this document, Ripple and XRP were acknowledged for offering a new kind of infrastructure for value transfer, breaking away from the delays and high costs of the traditional banking model.

  • Also Read :
  •   Ex-SEC Chair Gensler Wasn’t Anti-Crypto in Private, McHenry Reveals
  •   ,

Stablecoins Get a Nod — But Not RLUSD Yet

The IIF’s paper also touched on the role of stablecoins like USDC from Circle, PayPal’s PYUSD, and Coinbase’s Base blockchain, all noted for enabling fast, affordable international payments. However, Ripple’s stablecoin RLUSD didn’t make the list, most likely because it had just launched in December 2024, shortly before the document was submitted. Since then, RLUSD has been integrated into Ripple Payments, adding more utility to Ripple’s suite of tools.

Ripple’s Wider Recognition Keeps Growing

This isn’t the first time Ripple and XRP have gotten praise. Last year, Mastercard spotlighted SBI Remit, a Ripple partner, for using XRP in remittances. XRP was also highlighted in a World Bank report and mentioned by both the IMF and World Economic Forum as a useful tool for unlocking capital tied up in outdated financial systems. Even Morgan Stanley has named Ripple a potential SWIFT alternative.

Although RLUSD missed the spotlight this time, Ripple and XRP are gaining momentum in international finance. With institutional recognition growing and blockchain adoption accelerating, Ripple’s cross-border payment tech is no longer flying under the radar.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

How does XRP improve cross-border payments?

XRP acts as a bridge asset, enabling near-instant, low-cost settlements without relying on multiple banking intermediaries.

Is Ripple gaining momentum after the SEC lawsuit win?

Yes, post-SEC victory, Ripple and XRP are seeing increased global adoption and institutional recognition for cross-border solutions.

You Might Also Like

Did President Donald Trump Post About Ripple On His Truth Social?

Chinese Government’s $542k Ethereum Sell-Off Sparks ETH Price Drop

Phemex Crypto Exchange Faces $70M Loss After Security Breach Linked to North Korean Hackers

Bitcoin Drops Amid Extreme Greed

Is a Crypto Revolution Coming to Shake the Financial World?

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article XRP Becomes Third Largest Crypto After 21% Surge, Can it Overtake ETH?
Next Article The expert announced that he expects a period similar to DOT-Com the balloon in the crypto market.
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?