"XRP eliminates pre-funding and speeds up cross-border remittances, making it useful in emerging markets. Loyalty and travel programs are bringing XRP into daily life, turning it from an investment asset into a practical payment option. Institutions like SBI and Santander add credibility by holding XRP reserves and exploring settlement use cases. With the SEC case resolved and global clarity growing, XRP now has the legal certainty and network reach to expand adoption."
"It helps eliminate pre-funding, reduce settlement time and cut costs by acting as a bridge currency. Examples: Compared to SWIFT, which can take days and incur high fees, XRP's near-instant settlement makes it attractive in emerging markets where remittances are essential. Webus/Wetour has established a $300-million XRP treasury to support blockchain-powered travel vouchers, loyalty points and settlement infrastructure. Over 60 million loyalty members will be able to use XRP for overseas services like airport transfers, premium rides and travel experiences."
XRP enables near-instant cross-border settlements by acting as a bridge currency that eliminates pre-funding, reduces settlement time and cuts transaction costs. Near-instant settlement makes XRP attractive in emerging markets that depend on remittances, offering a faster, cheaper alternative to SWIFT. Loyalty and travel programs integrate XRP into everyday spending, with large treasuries and loyalty memberships enabling usage for vouchers, transfers and travel services. Financial institutions hold XRP reserves and test settlement use cases, adding credibility. Growing legal clarity and resolved litigation have provided regulatory certainty and expanded network reach for broader adoption.
#cross-border-payments #remittances #loyalty--travel-integration #regulatory-clarity #institutional-adoption
Read at cointelegraph.com
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