XRP continues to gain traction in the global financial system, bolstered by a new report from MasterCard that identifies the token as a key player in cross-border payments.
Titled “Blockchain Technology Fuels New Remittances Business Cases,” the report highlights how financial institutions such as SBI Remit are actively using XRP as a bridge currency for remittance services.
MasterCard Endorses XRP in Real-World Remittance Use Cases
MasterCard’s endorsement underscores the token’s credibility and the growing institutional acceptance of blockchain infrastructure. It further places XRP in the spotlight alongside other early adopters like MoneyGram and Stellar.
A leaked MasterCard document identifies XRP as a bridge currency for cross-border payments, signaling growing institutional recognition. Source: @cryptodailyTS via X
Ripple, the company behind XRP, has long promoted the token as a tool to bridge fiat currencies and improve global liquidity. By eliminating the need for pre-funded accounts, XRP seeks to reduce foreign exchange costs and improve access in underserved regions. This aligns with Ripple’s ongoing partnerships in Asia and Europe, reinforcing the XRP ledger’s role in the future of cross-border payments.
XRP Sees Institutional Momentum Despite Network Activity Drop
Recently, on-chain data reveals that XRP experienced a drop in payment volume—down from over 800 million XRP in early April to around 527 million by the end of the month. While this decline suggests cooling network activity, analysts believe it does not necessarily reflect weakening market sentiment.
XRP is currently trading around $2.13 and remains tightly compressed within a wedge pattern, with rising support and falling resistance levels. Many traders interpret this as a bullish setup, anticipating a breakout as the pattern reaches maturity.
This technical formation coincides with growing institutional engagement, highlighted by a surge of nearly 300 million XRP moved within 48 hours. Whale activity of this scale often hints at behind-the-scenes repositioning ahead of significant market developments.
Ripple Expands Global Partnerships and DeFi Footprint
Ripple has come a long way outside of mainstream finance. The company recently partnered with Revolut and Zero Hash to take on market leaders in stablecoins like USDT and USDC. Ripple is also working with Portugal’s Unicâmbio to enable instant payments between Portugal and Brazil, as South Korea’s BDACS will use Ripple Custody for XRP and RLUSD.
XRP could see major gains in 2025 driven by rising ETF approval odds, RLUSD adoption, and Ripple’s planned IPO following the resolved SEC case. Source: Ito Shimotsuma via X
Within the DeFi sphere, Ripple is collaborating with Chainlink to introduce RLUSD onto Ethereum-based platforms. This illustrates the firm’s aspiration to integrate its ecosystem further into decentralized and mainstream finance.
Ripple also gave an additional $100,000 of XRP for California wildfire relief efforts, illustrating the company’s ongoing dedication to integrating blockchain technology with social consciousness and empathy.
Media Analyst: XRP Is “Loading” for a Potential Breakout
Crypto media personality John Squire recently described XRP as “loading”—not lagging. He made his argument in a lengthy thread, stating the market underestimates XRP’s value as a real-world utility token with strong institutional connections.
MasterCard is building a financial bridge connecting consumers, merchants, and banks, with the XRP Ledger emerging as the underlying infrastructure. Source: John Squire via X
Squire noted that Ripple Payments is already live in over 55 countries and partners with over 350 financial institutions, including Japan’s SBI and Tranglo. He believes this foundation sets XRP apart from hype-driven tokens and positions it for a long-term bull run once regulatory hurdles are cleared.
Citing near-term developments like CME XRP futures and rumors of a BlackRock XRP trust, Squire spoke of an “institutional floodgate” that could be unleashed as soon as there is a final resolution to the XRP lawsuit. He added, “XRP is battle-tested, institutionally aligned, legally resilient, and globally deployed.”
Regulatory Shifts and XRP Lawsuit Update Spark Optimism
XRP’s long-running court battle with the United States Securities and Exchange Commission (SEC) is concluding. The litigation, which began in December 2020, had a partial victory for Ripple in 2023. A final settlement is eagerly expected within the next couple of months.
This expectation has already begun impacting market expectations, with ETF speculation and institutional interest heating up. The appointment of the new SEC Chair, Paul Atkins, has also generated expectations of a more friendly regulatory climate for Ripple crypto and XRP.
Ripple is also said to be collaborating with the Bank for International Settlements (BIS) on a task force for the modernization of cross-border payments. These kinds of high-level partnerships may catalyze the worldwide use of XRP as a bridge currency.
XRP Price Outlook: Preparing for the Next Move
Despite some recent stagnation, many analysts remain bullish on the XRP price trajectory. With its legal clarity nearly in place and institutions slowly entering the market, the token is well-positioned for long-term growth.
XRP was trading at around $0.21 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
The recent $300 million movement and ongoing whale accumulation are seen as precursors to a significant XRP price rally. Meanwhile, the broader Ripple market continues to benefit from new partnerships and infrastructure upgrades.
As Ripple’s vision for global liquidity gains momentum, XRP may indeed prove to be more than just a digital asset—it could become the core infrastructure of a new era in cross-border finance.
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