Top 5 Global Banks Are Now Onboarded to Use XRP Through Volante.

In a major development for the XRP community and the crypto industry, some of the top 5 global banks have been onboarded to use XRP through Volante, a leading global provider of cloud payments and financial messaging solutions. This news significantly boosts the adoption of XRP, the cryptocurrency used to facilitate cross-border transactions.

Volante’s integration with Ripple’s real-time payment network is set to revolutionize cross-border transactions, according to a recent post on social media platform X by WallStreetBulls, a financial blog for crypto and stock market news. The post also shared a short video highlighting this integration’s benefits, such as real-time/instant payments, ISO 20022 messaging, open banking, APIs, next-gen cross-border, and blockchain/DLT.

Volante describes this integration as an opportunity for users to take their payments to the next level. The company’s solutions offer integrated users the ability to run a more competitive business with new services for faster customer onboarding. With Volante’s secure and compliant service, users can process all types of payments, making it a versatile solution for global banks.

The partnership between Volante and Ripple has been in the works for several years, with both companies collaborating since 2016. Volante had previously launched a “plug and play” Ripple integration solution, as announced by Ripple in a statement. The latest development further strengthens their relationship and showcases the growing adoption of XRP within the banking industry.

Volante’s recent pilot testing of the FedNow instant payments service with a leading US-based custodian bank further demonstrates its commitment to providing cutting-edge payment solutions. With the onboarding of some of the top 5 global banks, the stage is set for increased XRP adoption and usage in cross-border transactions.

This news brings positive prospects for XRP and its community, as it signifies growing acceptance and recognition of cryptocurrency within the traditional banking sector. As Top 5 global banks embrace the benefits of using XRP through Volante’s integration, cross-border transactions are set to become faster, more efficient, and more secure, opening up new opportunities for businesses and individuals alike.