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Japanese banks report XRP cuts cross-border payment costs by 60% and speeds settlement to 4 seconds.

Market News
13 Apr 2026
Coinpaper
View Source
Bullish
pluang ai news

Japanese banks have revealed that using Ripple's XRP for cross-border payments reduces costs by up to 60% compared to traditional SWIFT transfers, with settlement times dropping to under four seconds. This data comes from live remittance corridors between Japan and Southeast Asia, showing blockchain payments moving into real-world financial systems. XRP streamlines payments by eliminating multiple intermediaries and the need for pre-funded accounts, improving liquidity management. The integration of XRP with SWIFT signals a hybrid approach gaining traction among major banks, potentially accelerating the adoption of faster, cheaper global payments.

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