XRP has partnered with various prominent companies and financial institutions to enhance its cross-border payment solutions and expand its global reach. Some notable partnerships include :
- *Financial Institutions:*
- *MoneyGram*: A strategic partnership to speed up and reduce cross-border transaction costs using xRapid technology.
- *SBI Holdings*: Launched a new remittance corridor between Japan and the Philippines using On-Demand Liquidity (ODL), powered by XRP.
- *National Bank of Georgia*: Exploring blockchain-based digital currency infrastructure with XRP as a potential liquidity solution.
- *Qatar National Bank*: Testing XRP Ledger for enhanced cross-border payments in the Middle East.
- *Bank of America*: Partnered with Ripple to improve payment system efficiency, with potential adoption of ODL services pending lawsuit resolution.
- *Technology Companies:*
- *Amazon Web Services (AWS)*: Ripple uses AWS cloud services to store and manage blockchain operations, providing a reliable and scalable infrastructure.
- *GateHub and XRPL Labs*: A strategic partnership to create a seamless On/Off-Ramp solution for diverse assets, enhancing interoperability across blockchain networks.
- *Other Partnerships:*
- *Novatti Group*: Integrating XRP into payment solutions for seamless money transfers across Southeast Asia.
- *HSBC*: Partnered with Ripple-owned Metaco to launch custodial services for tokenized assets, signaling growing interest in tokenization and secure custody solutions.
- *SEB (Scandinavian Enskilda Banken AB)*: Facilitating real-time payments between Stockholm and New York using Ripple technology.
- *BlackRock*: Exploring XRP-focused exchange-traded funds (ETFs), potentially bringing massive liquidity and institutional interest to XRP.
