Ripple is expanding its presence in the financial sector as more banks and asset managers adopt blockchain technology. At the same time, developers are rolling out new XRP Ledger features designed to support institutional payments, tokenized assets, and digital finance.
According to Bitwise’s Q3 2026 Crypto Market Review, about 79% of the major financial institutions tracked in the report have partnerships, pilot programs, or other business connections with Ripple or XRP.
These institutions include:
The report also noted that BNY Mellon is the primary custodian for Ripple’s RLUSD stablecoin and also provides custody services for the Bitwise XRP ETF.
Also Read : Ripple (XRP) Price Prediction 2026, 2027-2030: Will XRP Reach $5?
Ripple is working with JPMorgan, Mastercard, and Ondo Finance on projects involving tokenized U.S. Treasury assets using the XRP Ledger.
The report also said Mastercard is exploring payment and settlement systems that use both RLUSD and the XRP Ledger.
In addition, several global banks, including Santander, Standard Chartered, SBI Holdings, and CIBC, continue to use RippleNet for cross-border payment services.
Developers are preparing several updates that aim to make the XRP Ledger more useful for businesses and financial institutions.
The planned features include:
These updates are designed to support tokenized assets, business payments, and enterprise blockchain applications.
Also Read :Is XRP Price Ready for a 20% Rally? Whale Selling Drops as $1.13 Breakout Nears
Ripple has also proposed a lending framework for the XRP Ledger.
If approved, the system would allow financial institutions to borrow against tokenized assets. It would also automate loan repayments, interest payments, and default management using blockchain technology.
The proposal is part of Ripple’s broader effort to expand the XRP Ledger beyond payments into lending and other financial services.
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