Ripple XRP Mentioned in IIF’s BIS Response on Cross-Border Payments

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Post the historic win of Ripple in the Ripple vs SEC case, Ripple’s blockchain payment system and its native token XRP are getting fresh global recognition. The Institute of International Finance (IIF) recently highlighted XRP as a faster and cheaper alternative for moving money across borders, especially in areas underserved by traditional banks. XRP acts as a bridge asset, enabling near-instant settlements without relying on multiple banking intermediaries.

IIF Mentions Ripple in BIS Response

According to the popular crypto analyst WrathofKahneman (WOK), this recognition came through the IIF’s feedback to a January 2025 consultation held by the Bank for International Settlements (BIS), under the G20’s roadmap to improve global payments. In this document, Ripple and XRP were acknowledged for offering a new kind of infrastructure for value transfer, breaking away from the delays and high costs of the traditional banking model.

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Stablecoins Get a Nod — But Not RLUSD Yet

The IIF’s paper also touched on the role of stablecoins like USDC from Circle, PayPal’s PYUSD, and Coinbase’s Base blockchain, all noted for enabling fast, affordable international payments. However, Ripple’s stablecoin RLUSD didn’t make the list, most likely because it had just launched in December 2024, shortly before the document was submitted. Since then, RLUSD has been integrated into Ripple Payments, adding more utility to Ripple’s suite of tools.

Ripple’s Wider Recognition Keeps Growing

This isn’t the first time Ripple and XRP have gotten praise. Last year, Mastercard spotlighted SBI Remit, a Ripple partner, for using XRP in remittances. XRP was also highlighted in a World Bank report and mentioned by both the IMF and World Economic Forum as a useful tool for unlocking capital tied up in outdated financial systems. Even Morgan Stanley has named Ripple a potential SWIFT alternative.

Although RLUSD missed the spotlight this time, Ripple and XRP are gaining momentum in international finance. With institutional recognition growing and blockchain adoption accelerating, Ripple’s cross-border payment tech is no longer flying under the radar.