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XRP adoption banks are transforming how financial institutions move money across borders right now, and the numbers are actually quite striking. Recent data shows that at one point, 38% of the world’s top 100 banks used Ripple products, which marks a significant shift in global payment infrastructure. With ISO 20022 integration accelerating and also Ripple National Trust Bank emerging as a serious challenger, the XRP adoption banks narrative is gaining real momentum against SWIFT’s decades-old dominance. How XRP Adoption Banks & Ripple vs SWIFT Threaten Legacy Finance Source: Watcher Guru The Numbers Behind XRP Adoption Banks The documented evidence is really striking, and it’s been verified through actual research. According to the findings, SWIFT has been a dominant international money and security transfer system for over four decades now. Nothing new here. Literally. However, xRapid —which was rebranded as ODL —is now used by more than 10,000 banks globally, and XR...

TOKI, a cross-chain bridge provider and partner of Progmat, will be working with Noble, a token issuance protocol, to bring fully collateralized Japanese stablecoins to the Cosmos ecosystem. Progmat is a project launched by Mitsubishi UFJ Trust and Banking (MUFG) — the largest bank in Japan, and has the support of over 200 Japanese companies including major banks such as SMBC and Mizuho. The Japan Exchange Group (JPX) is also involved in the project.  Motoki Yoshida, marketing manager of TOKI, told Blockworks that Progmat is currently building a platform that will enable banks and regulated financial institutions to issue their own stablecoin s. “The basic architecture involves financial institutions interested in issuing stablecoins depositing an equivalent amount of fiat currency with MUFG’s trust bank. Progmat then issues an equivalent amount of stablecoins. The funds in the trust bank are bankruptcy-remote, making this potentially the most secure stablecoin for use on public...