XRP Ledger is already moving billions of dollars in transaction volume, with fast settlement and low transfer costs cited as its clearest edge. The report frames it as an alternative to legacy cross-border rails such as SWIFT, where transfers can take days and fees are often much higher.
Strong infrastructure has not translated into fast institutional rollout
The bottleneck is no longer the technology itself. According to Markus Infanger, two factors are holding institutions back: limited regulatory clarity and the lack of harmonized global standards for digital asset rules. In sectors such as banking and asset management, compliance concerns carry as much weight as financial risk, so uncertain legal treatment can delay deployment even when the infrastructure is ready.
Infanger said major institutions will remain cautious about committing significant resources to tokenized assets as long as legal frameworks stay unclear. That comment captures the current gap in the market: the rails are available, but adoption at scale still depends on the policy environment.
Fragmented rules are slowing tokenization across borders
The article points to a broader industry problem as well: regulations differ sharply from one jurisdiction to another. An activity that is fully permitted in one market may face restrictions in another. For firms trying to expand tokenization products internationally, that patchwork raises complexity and slows execution.
Infanger argued that transparency alone will not be enough if tokenization is meant to scale globally. What the market needs is greater alignment between national frameworks, so institutions are not forced to rebuild their compliance approach each time they enter a new region.
Ripple sees uses for XRPL beyond payments
Ripple President Monica Long said XRPL’s potential extends beyond payments. She pointed to self-sovereign identity and improved financial access for billions of unbanked people around the world as additional use cases. In the report, that expands the discussion from transaction efficiency to the wider reach of crypto infrastructure.
SBI Ripple Asia has already launched a token issuance platform
There is also a concrete corporate example. SBI Ripple Asia has launched a token issuance platform on XRP Ledger, a move presented as a sign of confidence in blockchain-based financial infrastructure. It also reflects growing interest in markets built around greater efficiency and tighter integration.
The article’s conclusion is straightforward: most of the technical barriers to tokenization have already been addressed, and development on XRPL continues. The larger constraint is regulation. Clear and more consistent international legal standards remain the missing piece for broader institutional adoption.