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Germany's Sparkassen bank launches XRP trading for millions of customers, boosting crypto adoption.

Market News
20 Oct 2026
Dailycoin
View Source
Bullish
Germany's Sparkassen bank launches XRP trading for millions of customers, boosting crypto adoption.

Germany's largest banking network, Sparkassen, has introduced XRP trading services through its banking app, making XRP accessible to around 50 million customers. The service is provided by DekaBank with a fee of €0.99 per order and includes pooled custody without private keys. Sparkassen manages over €1.62 trillion in assets and holds about one-third of Germany's retail deposits, marking a significant step for XRP adoption in Europe. This move could increase retail trading demand for XRP, potentially impacting its price as European traders adapt to the new offering.

XRP is trading at Rp24.017 on Pluang as of Oct 21, 2026 03:51 WIB, showing a 1-day gain of 2.45%. Its market cap stands at Rp1.509,83 trillion, with a 24-hour trading volume of Rp31,38 trillion. Compared to its 52-week range, XRP's circulating supply is at 64%, indicating moderate liquidity as retail traders adjust to new European access through Sparkassen's platform.

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