A short list of some major institutions that have adoped $XRP
I went through and put a list together of some major financial institutions that are already using XRP in some form or antoher. It's actually a really long list and I was quite surprised.
Here are the ones I thought stand out:
SBI RemitType: Japanese remittance companyXRP Use: Using RippleNet for real-time payments between Japan and ThailandSantanderType: Major Spanish bankXRP Use: Offering Ripple-powered international payment service "One Pay FX"MoneyGramType: Global money transfer companyXRP Use: Used Ripple's On-Demand Liquidity (ODL) service for cross-border paymentsBanco RendimentoType: Brazilian bankXRP Use: Utilizing Ripple's technology for international paymentsAzimoType: European digital money transfer serviceXRP Use: Leveraging Ripple's ODL for payments to the PhilippinesNiumType: Singapore-based fintechXRP Use: Using RippleNet for faster and cheaper paymentsFlashFXType: Australian foreign exchange companyXRP Use: Using Ripple's technology for international transfersMercury FXType: Global currency exchange providerXRP Use: Using XRP for cross-border paymentsTransferGoType: UK-based remittance companyXRP Use: Using Ripple's technology for faster transfersAmerican ExpressType: Global financial services corporationXRP Use: Using blockchain technology for instant payments, with Ripple and XRP as primary providerUBS Group AGType: Swiss multinational investment bankXRP Use: Joined RippleNet in 2018 after initial testing in 2017J.P. Morgan ChaseType: American multinational investment bankXRP Use: Accepting XRP for credit card and mortgage payments (as of August 2024)First Abu Dhabi BankType: Largest bank in the United Arab EmiratesXRP Use: Reported to be working with RippleGoldman SachsType: American multinational investment bankXRP Use: Adopted Ripple's blockchain and XRP to improve cross-border wire transfersDeutsche BankType: German multinational investment bankXRP Use: Adopted Ripple's blockchain and XRP for enhancing cross-border transactionsWestern UnionType: Global money transfer companyXRP Use: Integrating Ripple's blockchain technology and XRP to enhance cross-border payment servicesPayPalType: Online payment systemXRP Use: Exploring blockchain partnerships, potentially including XRP integrationEarthportType: Financial services companyXRP Use: Using Ripple's technology to enhance cross-border payment servicesBRD WalletType: Cryptocurrency walletXRP Use: Integrating XRP to allow users to hold, buy, sell, and send the cryptocurrencyBitPayType: Bitcoin payment service providerXRP Use: Expanded services to support XRP payments