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XRP

Ripple Partnerships

From SBI Holdings to Mastercard and BNY Mellon — the complete list of banks, payment providers, and institutions in the Ripple network across 55+ countries.

AA
AllAboutXRP Editorial
·
55+
Countries
$90B+
Payments Processed
20+
CBDC Pilots
$3.7B+
Acquisition Spend

How Do Partners Use XRP and Ripple Technology?

Ripple offers several products that partners can adopt, each leveraging the XRP ecosystem:

Ripple Payments (ODL)

Cross-border payments using XRP as bridge currency — the core product driving XRP transaction volume

Ripple Custody (Metaco)

Institutional-grade digital asset custody for banks holding XRP and other assets

Ripple Prime (Hidden Road)

Prime brokerage with post-trade settlement migrating to the XRP Ledger

RLUSD Stablecoin

USD stablecoin on the XRPL, used for settlement and as collateral

CBDC Platform

Private XRPL sidechains for central bank digital currency pilots

Tokenization Infrastructure

Partners building real-world asset tokens on the XRPL

Strategic & Major Partners

Key strategic relationships driving the Ripple ecosystem

SBI Holdings

Bank/Financial GroupJapan

Japan's largest financial conglomerate. Co-created SBI Ripple Asia in 2016. Operates SBI VC Trade and drives XRPL adoption across Asia.

Mastercard

Payment NetworkGlobal

Partnered in 2025 with WebBank and Gemini to settle fiat card transactions using RLUSD on the XRP Ledger.

BNY Mellon

Custodian BankUSA

Selected as custodian for RLUSD stablecoin reserves, providing institutional credibility and trust.

MoneyGram

RemittanceGlobal

Strategic ODL partnership from 2019-2021 for cross-border payments. Paved the way for institutional adoption.

Banks & Financial Institutions

Major banks connected to RippleNet and the XRP Ledger ecosystem

Banco Santander

BankSpain/Global

One of the world's largest banks. Used RippleNet for its One Pay FX cross-border payment app.

Standard Chartered

BankUK/Global

Major international bank using Ripple technology for cross-border payments.

BBVA

BankSpain

Uses Ripple Custody (Metaco Harmonize) for digital asset custody and is a Ripple Payments client.

MUFG (Mitsubishi UFJ)

BankJapan

Japan's largest bank and a RippleNet member.

Citibank

BankUSA/Global

Uses Ripple Custody (Metaco Harmonize) for institutional digital asset custody.

BNP Paribas

BankFrance

Europe's largest bank by assets, uses Ripple Custody (Metaco).

Société Générale

BankFrance

Uses both Ripple Custody and Palisade wallet infrastructure.

RAKBANK

BankUAE

Uses Ripple Payments for cross-border remittances from the UAE.

Al Rajhi Bank

BankSaudi Arabia

The world's largest Islamic bank, connected to RippleNet.

Siam Commercial Bank

BankThailand

Thailand's oldest bank, one of the earliest RippleNet adopters.

National Australia Bank

BankAustralia

One of Australia's Big Four banks.

Westpac

BankAustralia

Australia's second-largest bank, connected to RippleNet.

Akbank

BankTurkey

Turkey's leading private bank.

Axis Bank

BankIndia

India's third-largest private bank.

DBS

BankSingapore

Southeast Asia's largest bank.

UBS

BankSwitzerland

Global banking giant connected to Ripple's enterprise solutions.

Mizuho Financial Group

BankJapan

One of Japan's three mega-banks.

Payment Providers & Fintechs

Companies using Ripple Payments and ODL for cross-border transfers

Tranglo

PaymentsSoutheast Asia

40% owned by Ripple. Processes ODL-powered payments across 25 corridors with $970M+ in volume.

TransferGo

RemittanceEurope

European remittance provider using ODL for instant cross-border transfers.

Currencies Direct

FX/PaymentsUK

UK-based foreign exchange and payment provider on RippleNet.

dLocal

PaymentsLatin America

Latin American payment platform using Ripple for cross-border settlement.

AirWallex

PaymentsAustralia/Global

Global payments platform leveraging Ripple's network.

Bexs Banco

PaymentsBrazil

Brazilian payment institution using ODL for Brazil corridor payments.

Cuallix

PaymentsMexico

First institution to use xRapid (now ODL) commercially for US-Mexico remittances.

American Express

PaymentsUSA/Global

Explored RippleNet for B2B cross-border payments between US and UK.

Tokenization & Digital Assets

Partners building tokenized asset infrastructure on the XRP Ledger

Archax

Digital ExchangeUK

FCA-regulated exchange tokenizing assets including BlackRock's money market fund on the XRPL.

Meld Gold

TokenizationAustralia

Tokenizing gold and precious metals on the XRP Ledger.

Zoniqx

TokenizationUSA

Tokenizing treasury bills and real-world assets on the XRPL.

Dubai Land Dept + Ctrl Alt

Real EstateUAE

Tokenizing real estate on the XRPL for fractional ownership (July 2025).

Central Bank Partnerships

Ripple is working with 20+ central banks on CBDC pilot programs

Republic of Palau

GovernmentPacific

National stablecoin (PSC) built on the XRPL, launched as a pilot in 2023.

Bhutan (Royal Monetary Authority)

Central BankAsia

Piloting a retail CBDC on the XRP Ledger private sidechain.

Colombia (Banco de la República)

Central BankSouth America

Exploring CBDC solutions using Ripple's CBDC platform.

Montenegro

GovernmentEurope

Working with Ripple on digital currency infrastructure.

Acquisitions Strengthen the Network

$3.7 Billion in Acquisitions

Beyond traditional partnerships, Ripple has spent $3.7 billion acquiring companies that expand its capabilities — from Hidden Road (prime brokerage) to GTreasury (enterprise treasury) to Palisade (wallet infrastructure). Each acquisition brings existing client relationships into the Ripple ecosystem.

Read the full analysis: Ripple's Acquisition Strategy →

Frequently Asked Questions

Continue Learning

The Network Effect

Every new partner increases the value for all existing participants. With 55+ countries and $90B+ processed, the network effect is accelerating.

Last updated: February 10, 2026. Written by the AllAboutXRP Editorial Team. Sources: Ripple official announcements, BusinessWire, CoinDesk, Financial Times, 21Shares research.