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Cryptocurrency News Articles

Japanese banks plan to adopt XRP for cross-border payments

Feb 27, 2025 at 06:00 am

Ripple's XRP is back in the spotlight as Japanese banks consider its use for cross-border transactions.

Japanese banks plan to adopt XRP for cross-border payments

Japanese banks' planned adoption of Ripple’s XRP for cross-border payments has been a hot topic, especially with analysts debating whether XRP can reach $25 this year.

While XRP’s speed and low fees make it attractive for traditional finance, it remains to be seen if this move will significantly impact XRP's price.

Moreover, with Japan’s strict crypto regulations, it’s an interesting development to watch closely.

One analyst on X, who prefers not to be named, believes that XRP could hit $10 by the end of the year.

If key developments, such as regulatory clarity in the U.S., play out as expected, the analyst sees the potential for XRP to reach even higher.

However, another analyst, often known for his accurate market predictions, remains skeptical of XRP hitting $25 this year. He suggests that if XVG manages to reach $1 by the end of the year, it will be a more likely scenario.

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Other articles published on Feb 27, 2025