Ripple (XRP) Already Has 90% Coverage of Global Network

In a recent post shared by crypto researcher SMQKE, an important update regarding Ripple’s current global positioning was highlighted. The tweet stated that Ripple already has 90% coverage of the world’s global networks. The post was accompanied by a video that provided a detailed breakdown of how Ripple, along with XRP, is progressing in terms of institutional adoption and regulatory alignment. The speaker explained that the adoption of XRP is currently not significantly challenging from a regulatory standpoint. He emphasized that Ripple has engaged in extensive discussions with regulators worldwide. As an example, he pointed out that the Bank of England conducted a proof of concept using Ripple’s technology. He noted that the Bank of England is widely regarded as one of the most conservative and highly respected financial institutions globally. This engagement was presented as a strong indicator of Ripple’s credibility and its compliance with regulatory expectations. “Ripple ALREADY HAS 90% COVERAGE OF THE WORLD’S GLOBAL NETWORKS.” Listen closely. pic.twitter.com/bTN5lbEGSH — SMQKE (@SMQKEDQG) June 24, 2025 Regulatory Backing and Technological Alignment According to the information shared, Ripple benefits from solid regulatory support primarily because XRP was designed from its inception as a currency meant for transactions. This foundational purpose places XRP in a favorable position when working with regulators and financial institutions. The speaker indicated that the structure and intent behind XRP eliminate many of the hurdles typically faced by other digital assets attempting to integrate with traditional financial systems. The video further explained that the strategy for driving XRP adoption involves leveraging the banking institutions already associated with Ripple. These banks, which were shown in a prior presentation slide referenced by the speaker, form the core framework for Ripple’s expanding network. By collaborating with these institutions, Ripple is able to establish a strong and scalable foundation for cross-border transactions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 90% Global Network Coverage A significant point made in the video is that the banks Ripple is working with collectively offer approximately 90% coverage of the world’s global banking networks. This extensive coverage is seen as a key enabler for XRP adoption on a massive scale. The speaker emphasized that once these partner banks engage in multi-corridor transaction volumes, it naturally becomes easier for additional banks to join the network. This process not only simplifies XRP integration but also accelerates its use in international payments. The speaker added that discussions with banks worldwide regarding XRP usage are active and productive. This further supports the narrative that XRP is not only technically capable but also institutionally acceptable for cross-border payment solutions. Successful Pilot Demonstration The video also detailed a recent liquidity pilot conducted by Ripple in collaboration with a company called Qualex in the United States. This pilot occurred in the third quarter of the year and involved making payments from the United States to Mexico. The process started with U.S. dollars being converted into XRP, which was then transferred via the blockchain to Mexico and subsequently converted into Mexican pesos. An interesting outcome of this pilot was that the banks involved requested Ripple to slow down the processing speed. The explanation given was that the payments were being delivered faster than the banks could handle, indicating that the efficiency of XRP-based transactions exceeded the operational processing capabilities of the traditional banking systems involved. The speaker concluded by affirming that XRP is already being actively used in this operational mode and that Ripple continues to engage with financial institutions to expand the adoption and functionality of its blockchain-based solutions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple (XRP) Already Has 90% Coverage of Global Network appeared first on Times Tabloid .

Source: TimesTabloid