Crypto researcher SMQKE (@SMQKEDQG) recently shared a post about XRP that highlighted the depth of Ripple’s engagement with the banking sector. He attached a document excerpt that contains a striking statement: “At one point, 38% of the world’s top 100 banks used Ripple products.” The Documented Figure The excerpt SMQKE posted is from a law review article examining cryptocurrency and security issues. In its discussion of Ripple, the document explained the problem the company aims to solve in global payments. It described how Ripple’s technology provides a viable alternative to the decades-old SWIFT system . According to the text, Ripple’s products allowed banks to bypass the need for pre-funded nostro accounts and instead access on-demand liquidity using XRP as a bridge between currencies. The excerpt highlighted the advantage Ripple created for banks by reducing the costs tied up in dormant funds. It emphasized that Ripple offered speed unmatched by SWIFT, with transaction settlements occurring in seconds rather than days. Within this context, the cited statistic of 38% usage among top banks illustrates the scale of adoption that Ripple once achieved, adding weight to SMQKE’s observation. AT ONE POINT 38% OF THE WORLD’S TOP 100 BANKS USED RIPPLE PRODUCTS Documented. pic.twitter.com/Q9CyEdym3P — SMQKE (@SMQKEDQG) September 15, 2025 Why It Matters for XRP The figure demonstrates that Ripple’s products were not only tested but also embraced by some of the largest financial institutions in the world. While the document itself does not specify the timeline or duration of usage, it places Ripple within a broader movement to modernize international money transfers. For XRP, this supports its positioning as a utility-driven asset rather than a speculative one. XRP plays a central role in eliminating the need for traditional correspondent banking methods, which are often criticized for inefficiency. By streamlining transfers and reducing reliance on nostro accounts, Ripple positioned XRP as a practical tool for liquidity management. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Broader Impact on Global Liquidity The document text also stressed how Ripple’s innovation “helps discontinue the requirement of having trillions of dollars tied up in nostro accounts around the world, consequently, increasing global liquidity.” This assertion reinforces the significance of Ripple’s approach. For XRP supporters, SMQKE’s post serves as documented validation of the cryptocurrency’s potential role in reshaping cross-border finance and dominating the crypto market. It suggests that XRP’s contribution extends beyond transactional speed, touching on systemic improvements to how capital is managed by banks worldwide . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Document: 38% of World’s Top 100 Banks Used Ripple (XRP) Products appeared first on Times Tabloid .
