Financial firms are testing XRP for faster payments; MasterCard highlights real-world use.
The report mentions SBI Remit, using XRP as a bridge currency, like MoneyGram and Stellar.
Major financial institutions are increasingly testing
digital assets, including XRP, to improve cross-border payments. A recent
report by Mastercard, titled “Blockchain Technology Fuels New Remittances
Business Cases,” highlights several examples of blockchain applications in
remittance systems.
Speculation has resurfaced around a possible
integration of Ripple’s XRP with SWIFT, the global messaging network for
cross-border transactions. Previous reports have indicated that banks have
tested XRP’s compatibility with SWIFT. If confirmed, such a partnership could
significantly boost XRP adoption among global financial institutions.
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SBI Remit Uses XRP for Transfers
The report also mentions SBI Remit, a Japanese money
transfer service that uses XRP as a bridge currency. It places SBI alongside
earlier examples such as MoneyGram and Stellar, suggesting a broader trend of
using cryptocurrencies to cut costs and speed up cross-border transactions.
Source: Binance
Ripple, the company behind XRP, has long positioned the
token as a bridge asset for converting one fiat currency to another. This
approach eliminates the need for pre-funded accounts in multiple currencies and
aims to enhance liquidity in regions underserved by traditional banking
systems.
Mastercard’s reference to Ripple and XRP adds credibility to
the token’s role in remittances. It signals that mainstream payment firms are
now taking a closer look at blockchain infrastructure. The inclusion gives
Ripple added visibility in the financial ecosystem.
SBI Remit’s ongoing use of XRP in Asia further illustrates
how digital assets are being integrated into real-world payment systems. The
Mastercard report underscores that blockchain solutions are being evaluated
across regions and technologies.
In parallel, the Federal Reserve and international
organizations like the Bank for International Settlements (BIS) are also
exploring ways to enhance cross-border payments. Ripple is reportedly
participating in a BIS task force focused on reducing costs and improving
interoperability.
Ripple Advances in Cross-Border Payments, DeFi, and
Strategic Partnerships
In South Korea, BDACS
plans to use Ripple Custody for securing XRP and RLUSD. Ripple also donated
$100,000 in XRP for California wildfire relief. The company anticipates that
Japanese banks will adopt the XRP Ledger by 2025 for cross-border payments.
In the DeFi space, Ripple has teamed up with Chainlink to
integrate RLUSD into Ethereum platforms. Investor interest in XRP remains
strong, with whales
acquiring 520 million tokens during a recent price dip.
Major financial institutions are increasingly testing
digital assets, including XRP, to improve cross-border payments. A recent
report by Mastercard, titled “Blockchain Technology Fuels New Remittances
Business Cases,” highlights several examples of blockchain applications in
remittance systems.
Speculation has resurfaced around a possible
integration of Ripple’s XRP with SWIFT, the global messaging network for
cross-border transactions. Previous reports have indicated that banks have
tested XRP’s compatibility with SWIFT. If confirmed, such a partnership could
significantly boost XRP adoption among global financial institutions.
This above is an advertisement by Utip
SBI Remit Uses XRP for Transfers
The report also mentions SBI Remit, a Japanese money
transfer service that uses XRP as a bridge currency. It places SBI alongside
earlier examples such as MoneyGram and Stellar, suggesting a broader trend of
using cryptocurrencies to cut costs and speed up cross-border transactions.
Source: Binance
Ripple, the company behind XRP, has long positioned the
token as a bridge asset for converting one fiat currency to another. This
approach eliminates the need for pre-funded accounts in multiple currencies and
aims to enhance liquidity in regions underserved by traditional banking
systems.
Mastercard’s reference to Ripple and XRP adds credibility to
the token’s role in remittances. It signals that mainstream payment firms are
now taking a closer look at blockchain infrastructure. The inclusion gives
Ripple added visibility in the financial ecosystem.
SBI Remit’s ongoing use of XRP in Asia further illustrates
how digital assets are being integrated into real-world payment systems. The
Mastercard report underscores that blockchain solutions are being evaluated
across regions and technologies.
In parallel, the Federal Reserve and international
organizations like the Bank for International Settlements (BIS) are also
exploring ways to enhance cross-border payments. Ripple is reportedly
participating in a BIS task force focused on reducing costs and improving
interoperability.
Ripple Advances in Cross-Border Payments, DeFi, and
Strategic Partnerships
In South Korea, BDACS
plans to use Ripple Custody for securing XRP and RLUSD. Ripple also donated
$100,000 in XRP for California wildfire relief. The company anticipates that
Japanese banks will adopt the XRP Ledger by 2025 for cross-border payments.
In the DeFi space, Ripple has teamed up with Chainlink to
integrate RLUSD into Ethereum platforms. Investor interest in XRP remains
strong, with whales
acquiring 520 million tokens during a recent price dip.
Meta Retreats from Metaverse with Major Cuts and A Pivot to AI
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official