Cryptocurrency expert Bank XRP pointed out how to do this Ripple Prime went into the basic infrastructure of Wall Street. This followed an announcement by the Depository Trust & Clearing Corporation (DTCC) naming the crypto company as a tokenization service partner.
How Ripple and XRP hit Wall Street
In Post XXRP Bank stated that Ripple is currently in Wall Street’s core infrastructure. He noted that the DTCC, which settles $114 trillion in transactions, has confirmed that Ripple Prime is among more than 50 companies joining its tokenization working group. The company joins companies such as BlackRock, Goldman Sachsand JPMorgan, which was also mentioned by DTCC.
DTCC has revealed that it plans to implement a production trading pilot tokenized real-world assets will employ its service in July 2026, and then launch the service in October 2026. Meanwhile, in response to the XRP Bank’s post, cryptocurrency analyst ChartNerd emphasized that DTCC’s partnership with Ripple Prime is beneficial for XRP.
In Post Xnoted that Ripple Prime is used in all US states and that the brokerage currently allows customers to employ XRP and RLUSD. He added that prime brokerage uses both assets for trading, hedging and post-trade settlement purposes. Notably, the DTCC partnership comes at a time when the tokenization narrative is becoming more and more heated XRP Ledger (XRPL).
RWA.xyz data shows that the total RWA value of the XRP Ledger has now exceeded $4 billion, an augment of over 10% in the last 30 days. Other metrics such as the number of RWA holders, stablecoin market cap, stablecoin holders, and stablecoin transaction volume have also increased over the past 30 days, signaling significant activity on the network.
The expert refers to XRP’s relationship with Bank Of America’s partnership with SWIFT
In Post Xcryptocurrency expert X Finance Bull explained how Bank of America’s decision to launch cross-border payments via SWIFT applies to XRP. He noted that the bank was included on the RippleNet membership list and sat on the Ripple Governance Committee. The expert added that the bank also has exposure to XRP through volatility stocks XRP ETFs.
In this regard, X Finance Bull noted that the same bank, developing through SWIFT, has already settled its exposure to XRP and its affiliation with the payments company. He announced that banks do not choose between SWIFT and Ripple but they are driving in both lanes at the same time. On the one hand, SWIFT provides these banks with a global communication reach of over 11,000 institutions. On the other hand, RippleNet is said to provide blockchain-based settlement and on-demand liquidity via XRP, where speed, cost and capital efficiency matter.
At the time of writing, XRP is trading around $1.15, having risen over the past 24 hours, according to data from CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com
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