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TimesTabloid 2025-05-01 18:21:09

New Mastercard Document Acknowledges XRP as a Bridge Currency

Prominent crypto influencer JackTheRippler (@RippleXrpie) recently drew attention to a special mention of XRP in a MasterCard-published remittances report titled The Future of Remittances in Latin America. Sharing an image of the document, the influencer emphasized the relevance of XRP being identified by a global financial institution as a bridge currency in cross-border payment flows. This reference appears in the report, titled “Blockchain technology fuels new remittances business cases,” where MasterCard describes how digital assets and blockchain-based systems are being integrated to improve the efficiency of cross-border transfers. The document states: “SBI Remit is using Ripple’s XRP as a bridge currency to allow fast and cost-effective remittances.” It is grouped alongside examples involving MoneyGram and Stellar, indicating broader institutional experimentation with crypto assets for remittance solutions. BOOOOOOOOOOOOOOOOM!!! A new Mastercard document mentions #XRP as a bridge currency! pic.twitter.com/1EDT98Lupj — JackTheRippler © (@RippleXrpie) April 29, 2025 Institutional Integration Strengthens XRP’s Position Ripple and XRP’s inclusion in a MasterCard report reflects an ongoing trend of major financial institutions acknowledging blockchain infrastructure as a viable part of modern payment systems. SBI Remit, the Japan-based remittance service, has had a long-standing relationship with Ripple, and its use of XRP in payment corridors across Asia has been well-documented. However, the reference in an official MasterCard document adds further credibility by linking this real-world use case to a respected global payments leader. MasterCard’s report is intended to highlight trends shaping the evolution of remittances, with examples drawn from across regions and technologies. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s role is presented not as a speculative asset but as part of a functioning remittance network contributing to lower costs and improved speed in cross-border value transfers. This reference supports Ripple’s positioning of XRP as utility-focused and technology-driven. XRP and the Remittance Use Case Ripple has consistently advocated for XRP as a bridge asset to facilitate liquidity between fiat currencies worldwide. This model aims to eliminate the need for pre-funded accounts and reduce foreign exchange costs, particularly for underserved corridors. MasterCard’s acknowledgment reinforces the digital asset’s relevance in these scenarios and aligns with Ripple’s business strategy of targeting institutional use rather than consumer adoption. The recognition of Ripple’s XRP in MasterCard’s remittance trends report is a meaningful development for XRP holders and Ripple supporters. It signals mainstream recognition for the digital asset, showing that institutions know its role in cross-border payments and consider it significant enough to include in publications aimed at industry stakeholders. 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 X , Facebook , Telegram , and Google News The post New Mastercard Document Acknowledges XRP as a Bridge Currency appeared first on Times Tabloid .

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