Institute of International Finance Recognizes Ripple & XRP for Enhanced Global Payments

The Institute of International Finance (IIF) has acknowledged Ripple and XRP, recognizing their contributions to cross-border payments through its recent report. The report highlights the growing adoption of stablecoins and blockchain solutions, asserting their superiority in speed and cost efficiency for international transfers. Specific examples mentioned include JP Morgan’s Kinexys platform, Circle’s USDC, PayPal USD, and Coinbase’s Base for streamlining cross-border transactions.