ANZ

2026-07-05 15:57:12

Ripple Assigns IDs to Over 500 Banks—Will XRP See a Surge?

Ripple assigned unique IDs to over 500 financial institutions, including Standard Chartered and HSBC, to streamline cross-border payments. Partnership with Mercado Bitcoin expands Latin American reach. XRP surged 59% in a week, signaling growing demand.

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Ripple Assigns IDs to Over 500 Banks—Will XRP See a Surge?
2026-07-05 15:56:11

Ripple Assigns IDs to Over 500 Banks—Will XRP See a Surge?

Ripple has assigned unique IDs to over 500 financial institutions, including Standard Chartered, HSBC, and Agricultural Bank of China, to streamline cross-border payments. The move strengthens XRP's role as a bridge currency. Additionally, Ripple partnered with Mercado Bitcoin in Latin America. XRP surged 59% in the past week, trading at $1.126.

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Ripple Assigns IDs to Over 500 Banks—Will XRP See a Surge?