Ripple Uses XRP in Cross-Border Payments
Ripple's European managing director says the firm relies on the XRP digital asset in its cross-border payment services.
Updated on Nov. 3, 2026 in Financial Services
Ripple managing director for Europe Sendi Young said Ripple uses XRP in cross-border payments. The company hopes to integrate XRP more closely with its solutions and XRP Ledger functionality.
Why it matters
XRP is a digital asset native to the XRP Ledger, a public decentralized blockchain separate from Ripple itself. Ripple CEO Brad Garlinghouse has said XRP may not suit every use case, and the company may use fiat currency or Ripple USD (RLUSD) for some customer transactions.
No hard financial figures were reported in the source material. The only dated benchmark is a proposal to move customer transaction volume onto the XRP Ledger by 2027, and the current share of volume that uses XRP was not disclosed.
The players
Ripple
Ripple is a blockchain-based financial technology company that provides cross-border payment and liquidity solutions for banks and financial institutions.
Sendi Young
Sendi Young is the managing director for Europe at Ripple, responsible for the company's operations and strategy across the European market.
Brad Garlinghouse
Brad Garlinghouse is the chief executive officer of Ripple and a prominent figure in the cryptocurrency and fintech industry.
The details
Ripple leverages the XRP digital asset, which is native to the XRP Ledger, to support its cross-border payments. The company aims to integrate XRP more closely with its own solutions and with XRP Ledger functionality.
Timeline
2027: Ripple President Monica Long discussed a proposal to move customer transaction volume onto the XRP Ledger.
Market Landscape
Ripple's reliance on the XRP Ledger places it within a broader movement of payment firms testing public blockchains for cross-border settlement. The company's stated openness to fiat and RLUSD for some transactions shows it is also hedging against the limits of a single digital asset.
For businesses sending money across borders, Ripple's planned deeper use of XRP could eventually change the currency options and settlement routes available. Users may still see fiat or RLUSD options for some transactions, so payment methods are not yet fixed.
The takeaway
Ripple's shift toward deeper XRP integration shows how payment providers are weighing digital assets against traditional currency options. Readers should watch whether the 2027 transaction migration target is met.
Further reading
Explore more on Financial Services to see how payment firms are adopting digital assets.
