Banks and Governments Are Seriously Testing XRP Ledger – Here’s a Full Breakdown of Every Trial Globally

According to updates from XRP Investing on X, financial institutions and government bodies across multiple regions are actively trialing the XRP Ledger (XRPL) for real-world financial infrastructure.

The trials range from cross-border payments to central bank digital currencies (CBDCs) and smart contract integration, marking a notable shift in institutional blockchain adoption.

UBS became one of the first major banks to join RippleNet in 2018, while Santander has implemented Ripple’s technology through its One Pay FX platform to enable faster international payments for retail users. Bank of America has been testing XRPL to examine how quickly it handles transactions.

Onafriq’s partnership with Ripple has made the network available in 35 African countries. The goal is to upgrade payment corridors across Africa by utilizing Ripple’s blockchain. Archax is developing a method for tokenizing real-world assets in the United Kingdom through Ripple.

Through this collaboration, Ripple hopes to allow users to send Ethereum-compatible smart contracts to the XRP Ledger via a separate EVM sidechain.