India’s central bank has proposed linking BRICS digital currencies to simplify cross-border trade and tourism payments and reduce reliance on the U.S. dollar, according to two sources. The move aims to streamline settlements among member countries amid growing geopolitical tensions.
The IMF's 2023 report identifies XRP as a viable technology for improving cross‑border payments and modernizing settlement systems. The recognition could boost institutional interest and shape policy debates on crypto infrastructure.

On October 16, 2025, Ripple announced its $1 billion acquisition of GTreasury, aiming to enhance real-time cross-border payments and optimize liquidity management in the corporate treasury sector. This move strengthens Ripple's foothold in the multi-trillion dollar treasury market, promising innovative blockchain solutions for faster payments and capital efficiency.

Fasset has been granted a provisional banking license in Malaysia, marking the launch of the first stablecoin-powered Islamic digital bank targeting Asia and Africa with innovative Shariah-compliant services and cryptocurrency integrations.