Why Ripple and XRP Could Be the Backbone of the G20 Financial Plan?

Ripple's fast and affordable payment system is attracting attention worldwide. A recent report highlights that Ripple's blockchain payment technology and XRP could play a significant role in helping the G20 achieve its cross-border payment goals by 2030.

The 2025 report from the U.S. Faster Payments Council (FPC) highlights how U.S. payment companies can play a crucial role in achieving faster, cheaper, and more reliable global payments.

The global demand for faster, cheaper, and more transparent cross-border payments is increasing, and this is now a $34 trillion market. The G20 is working to improve this space, viewing it as key to boosting trade, economic growth, and development. They plan to implement faster, more affordable, and more accessible payments.

Goals for 2017 and 2030

They have set clear targets for retail, wholesale, and remittance payments, aiming for significant advancements by 2027 and 2030. The goals for 2027 and 2030 include reducing cross-border payment costs to 1% or lower and ensuring that 75% of payment transactions are completed within one hour.

Promoting Inter-Industry Collaboration

To achieve these goals, the U.S. Faster Payments Council (FPC) calls on domestic providers to adopt ISO 20022, embrace interoperability, and utilize blockchain technology such as Distributed Ledger Technology (DLT). The Council also emphasizes points like focusing on financial inclusion and promoting collaboration across sectors. The Council notably points out Ripple and Stellar as key companies that can enhance the global cross-border payment landscape.

Ripple is reshaping global payments with RippleNet technology and XRP. By adhering to global standards (such as ISO 20022) and utilizing smart blockchain tools, this is a top choice to help the G20 achieve its payment goals.

As more companies adopt Ripple's solutions, XRP could see substantial gains from rising demand. With increasing adoption, experts predict that $XRP could easily reach $10-$20 by 2025. Hitting $100 could happen, but the likelihood is higher in early 2026. Ultimately, as technology and the network expand further, $XRP could reach $1,000.