Banks Invest $100 Billion in Blockchain Since 2020 Ripple XRPL Gains Ground in Cross-Border Payments Sector

Ripple is intensifying its push into the global financial infrastructure, positioning itself as a key player in the $155 trillion cross-border payments market currently dominated by SWIFT. The company’s XRP Ledger (XRPL) is gaining traction among major financial institutions as they increasingly invest in blockchain technology to modernize legacy systems. A Ripple-backed report reveals that banks have committed over $100 billion to blockchain infrastructure since 2020, signaling a shift toward more efficient, transparent payment solutions [1].

Among the leading adopters are financial heavyweights like HSBC, Goldman Sachs, and SBI Holdings. HSBC is using blockchain to digitize gold trading, while SBI is developing a quantum-resistant digital currency. As of 2025, 345 banks have already integrated blockchain-based technology into their operations, a sign that this is not a speculative trend but a fundamental transformation [2]. According to industry forecasts, 90% of financial executives believe blockchain will have a major impact on the sector by 2028 [3].

Ripple’s strategic focus extends beyond XRP, as it seeks to obtain a U.S. banking license and deepen its integration into the regulated financial system. The company’s XRPL platform is designed for speed, compliance, and scalability, making it a viable alternative to SWIFT’s older systems. Ripple is also emphasizing the role of stablecoins in real-time settlements, a trend that aligns with the projected tenfold growth of the global stablecoin market between 2024 and 2025 [4].

The joint report by Ripple and CB Insights highlights a growing consensus within the financial sector: over 90% of industry leaders now see blockchain and digital assets as critical to the modern financial landscape. This institutional validation strengthens Ripple’s position as a leader in blockchain-based payment solutions [5].

The $100 billion investment from banks over the past five years represents a significant and sustained effort to develop regulated, scalable blockchain systems. This is not speculative capital—it is a clear signal of intent from the financial industry to embrace innovation. Ripple’s inclusion in the top 25 most valuable private companies globally, alongside firms like Discord and Canva, underscores its growing influence in the fintech space [6].

With regulatory frameworks evolving and institutional adoption rising, Ripple is well-positioned to capture a meaningful share of SWIFT’s global transaction volume. As the world’s financial systems continue to modernize, the role of blockchain-based solutions like Ripple’s XRPL is likely to expand, reshaping the future of cross-border payments [7].

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[1] Ripple-backed report [https://coinmarketcap.com/community/articles/6896e17d580d1d3e68f07380/](https://coinmarketcap.com/community/articles/6896e17d580d1d3e68f07380/)