The adoption of XRP in Japan continues to make significant strides, as highlighted by a recent statement from David Jevans of Rakuten, a financial technology company based in Japan. In a comment that has drawn widespread attention within the cryptocurrency community, Jevans remarked, “In Japan, almost every bank is starting to work with something called #XRP, you may know it as @Ripple!” This statement suggests increasing interest among Japanese financial institutions in leveraging XRP and its underlying technology for banking operations. The remarks from Jevans have sparked discussions among crypto enthusiasts, with many emphasizing Japan’s strong support for XRP. A well-known cryptocurrency advocate, JackTheRippler, shared the statement on X, amplifying the excitement surrounding XRP’s growing role in Japan’s banking sector. BOOOOOOOOOOOOOOOOOM!!! David Jevans from RAKUTEN says: "In Japan, almost every bank is starting to work with something called #XRP , you may know it as @Ripple !“ pic.twitter.com/JZjeAO3tLZ — JackTheRippler © (@RippleXrpie) February 13, 2025 An X user, Best Invest, stated , “Japan has been a big proponent of $XRP! Exciting to see their banks lead the way utilizing the $XRP technology for their systems!” Another user, FateisCrypto, added , “This has been happening for at least a year but it’s good it’s finally becoming public. They are so ready, they just have to do every global bank at once. And that historic feat will be met!” We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Japan’s Strong Commitment to XRP Integration Japan has long been recognized as one of the most XRP-friendly markets globally. The nation’s financial institutions, particularly those associated with SBI Holdings, have been exploring the use of XRP for cross-border payments and remittance solutions. SBI Holdings has been one of the most vocal supporters of XRP, integrating it into various financial products and services over the years. A recent report by Times Tabloid highlighted another significant development in Japan’s XRP adoption. According to the publication , SBI Shinsei Bank recently announced a strategic partnership to enhance international money transfers using the XRP Ledger. This partnership signifies continued confidence in XRP’s ability to facilitate efficient, cost-effective cross-border transactions. Ripple’s Growing Presence in Japan Ripple’s presence in Japan has grown steadily due to its collaboration with SBI Holdings and the broader financial sector. Ripple’s technology enables faster and cheaper cross-border transactions compared to traditional banking methods, making it an attractive solution for banks and financial institutions seeking to enhance their international payment capabilities. The statement from Jevans further reinforces the notion that Japanese banks are increasingly adopting XRP for their financial infrastructure. This aligns with Ripple’s broader mission of transforming global payments through blockchain technology. As more financial institutions recognize the benefits of blockchain-based payment solutions, XRP’s role in the global financial ecosystem is expected to expand. The latest developments in Japan suggest that the country remains at the forefront of this transformation, positioning XRP as a key player in the future of digital finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post David Jevans of Rakuten Says Almost Every Bank In Japan Is Starting to Work With XRP appeared first on Times Tabloid .
