Cross-Border Payments
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.