In a recent video shared on X, Crypto Sensei (@Crypt0Senseii) emphasized Australia’s growing leadership in digital asset adoption, particularly its collaboration with Ripple and the advancement of XRP-based technologies. Sharing insights from several key industry figures and government sources, Crypto Sensei outlined how Australia is leveraging distributed ledger technology to modernize its financial infrastructure. COUNTRIES ARE READY FOR #XRP ADOPTION! (BREAKING XRP NEWS) pic.twitter.com/953xKBv8Lq — CryptoSensei (@Crypt0Senseii) May 18, 2025 Ripple’s recent joint report with the Digital Economy Council of Australia (DECA) and the Digital Finance Cooperative Research Centre (DFCRC) explores the policy framework needed to support real-world asset tokenization . Crypto Sensei noted that the report identifies a “$12 billion annual gain” in productivity for existing markets and highlights the opportunity to create liquidity in traditionally illiquid assets. These developments are expected to transform asset accessibility, including in the housing sector, by enabling fractional ownership through tokenization. He also drew attention to the comparative lag in the U.S., contrasting it with the progress. Ripple’s Expanding Network in Australia Ripple has been active in the region for years. Crypto Sensei shared a clip where Eric Van Miltenburg, Ripple’s Senior Vice President of Business, confirmed the expansion of On-Demand Liquidity (ODL) corridors into Australia and other parts of the globe. Ripple’s reach also extends into local fintech ecosystems. Hai Ha Money Transfer, an Australian remittance firm, has partnered with Ripple for three years. Its CEO, Diane Nguyen, explained how Ripple’s technology improves liquidity and speeds up international transfers. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple partner Novatti is developing a stablecoin and participating in Project Acacia, a digital asset initiative led by the Reserve Bank of Australia and the DFCRC. The project also includes Fireblocks and R3. Crypto Hulk added context by referencing Dilip Rao, a key figure in the development of the XRP Ledger, who later worked with the Reserve Bank of Australia. Hulk also pointed out early signs of Ripple’s Australian engagement dating back to 2015. Government and Regulatory Support Political backing is another factor in Australia’s crypto momentum. While the U.S. regulatory landscape is improving , other countries are in a better position. Andrew Charlton, recently appointed Assistant Minister for the Digital Economy, affirmed that “cryptocurrency is no longer just an emerging technology,” and that the government aims to balance innovation with consumer protection. Monica Long, President of Ripple, also highlighted Australia’s significance as one of the company’s key corridors, alongside Singapore and Europe. She confirmed the company’s plans to meet this demand with RLUSD, its stablecoin, and Australia’s pro-crypto advancements, positioning it as a leading force in the global shift toward digital assets. 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 Australia Moves Toward Large-Scale XRP Adoption appeared first on Times Tabloid .
