“XRP Adoption: Who’s Using Ripple’s Technology in 2025?”

​As of March 2025, Ripple’s XRP has experienced significant global adoption, with various financial institutions and governments integrating its technology to enhance cross-border payments and financial operations. This article explores the key entities utilizing Ripple’s technology and the impact of these integrations.​

1. Japanese Banking Sector

Japan has emerged as a leader in adopting Ripple’s XRP for cross-border payments. By 2025, over 75% of Japanese banks have integrated RippleNet, Ripple’s blockchain-based payment solution that utilizes XRP. This widespread adoption aims to streamline international remittances, reduce costs, and serve as a model for blockchain integration in finance. Yoshitaka Kitao, CEO of SBI Group, a major financial conglomerate in Japan, has been a vocal supporter of XRP, highlighting its potential to revolutionize remittances and meet the global demand for efficient financial solutions. ​Bitrue

2. Bank of America

In January 2025, Bank of America (BoA) announced the exclusive use of XRP for all internal transactions. This move underscores Ripple’s potential to address inefficiencies in global banking and signals a shift towards broader cryptocurrency acceptance within the financial sector. BoA’s adoption of XRP is expected to inspire other institutions to explore similar integrations, potentially leading to increased adoption and a positive impact on XRP’s market value. ​The Coin Republic

3. Project Agora and SBI Holdings

SBI Holdings, a Ripple partner, has joined Project Agora, an initiative led by the Bank for International Settlements (BIS) and seven central banks. The project explores integrating tokenized commercial bank deposits with wholesale central bank digital currencies (CBDCs) on a unified ledger. SBI Holdings’ involvement highlights Ripple’s growing influence in the global financial ecosystem and its role in modernizing payment systems. ​digitalcurrencyresearch.io

4. Thailand’s Central Bank Discussions

Thailand has engaged in discussions with Ripple regarding the adoption of XRP, particularly in the context of developing a retail central bank digital currency (CBDC). Ripple’s response to the Bank of Thailand’s Discussion Paper emphasizes the potential for collaboration in designing a CBDC that leverages Ripple’s technology for efficient cross-border transactions. This initiative aligns with Thailand’s interest in joining the BRICS economic bloc and exploring alternative currency systems. ​Times Tabloid

5. U.S. Government’s Strategic Crypto Reserve

In March 2025, President Donald Trump announced the creation of a U.S. “crypto reserve,” including XRP among other cryptocurrencies like Bitcoin and Ethereum. This initiative aims to elevate the crypto industry and counter previous regulatory challenges. The inclusion of XRP in the reserve has positively influenced its market capitalization and reflects growing institutional recognition of its value. ​WSJ+3Latest news & breaking headlines+3Financial News London+3

6. Approval of XRP ETFs

The Brazilian securities regulator approved the Hashdex Nasdaq XRP Fund, marking the world’s first spot exchange-traded fund (ETF) tracking XRP. This approval signifies a significant step for XRP’s institutional adoption and may influence global regulatory perspectives on crypto investment vehicles. Additionally, the U.S. Securities and Exchange Commission acknowledged applications for XRP ETFs from firms like CoinShares and WisdomTree, indicating growing interest in XRP-based financial products. ​Barron’s+1Bitrue+1

7. Ripple’s On-Demand Liquidity Network

Ripple’s On-Demand Liquidity (ODL) network continues to expand, utilizing XRP as a bridge currency to facilitate seamless cross-border payments. Financial institutions participating in the ODL network benefit from reduced reliance on pre-funded accounts and enhanced transaction efficiency. The growing adoption of ODL underscores XRP’s utility in addressing traditional financial system inefficiencies.​Bitrue