XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, delivering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.
Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails
Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could help resolve many of the longstanding problems in cross-border payments, particularly those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. The company called attention to the fragility of traditional rails, where manual processes still dominate global money movement:
Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.
“Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.
The crypto firm emphasized that these outdated systems, which typically rely on multiple intermediaries and correspondent banks, are prone to delays, errors, and a lack of transparency. Payments can pass through as many as five institutions before reaching their destination, a process that introduces uncertainty and increases fees. This system, Ripple argued, is misaligned with the pace of modern commerce and the growing needs of businesses operating globally. Inconsistent messaging standards, foreign exchange markups, and regulatory complexity all contribute to what the firm describes as an inefficient and risky ecosystem for cross-border transactions.
In response, Ripple promoted its blockchain-based Ripple Payments solution as a modern alternative. “Ripple Payments offers a cross-border stablecoin payment solution that is a modern alternative to traditional cross border payment rails,” the company explained, elaborating:
It leverages blockchain and digital assets such as XRP and stablecoins such as Ripple USD (RLUSD) to provide businesses with a powerful solution for quickly, reliably and affordably sending and receiving stablecoin payments across borders.
With access to a global payout network spanning over 90% of the world’s foreign exchange markets, Ripple claims its platform offers real-time settlement, fee transparency, and lower operational risk. While critics continue to raise concerns around digital asset regulation, Ripple and other blockchain advocates maintain that distributed ledger technology offers a faster, more inclusive future for international payments.
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XRP Key in SEC Filing as Webus Builds Treasury Engine
XRP roars into the institutional spotlight as Webus unveils a $300 million digital asset framework, unlocking next-level treasury infrastructure with regulatory clarity and elite execution.
Webus Files With SEC to Establish XRP Treasury Engine
Webus International Ltd. (Nasdaq: WETO) disclosed key details of its Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC through a Form 6-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on June 3. The SEC filing also includes the company’s announcements regarding its XRP treasury plan on May 29 and June 2.
The agreement, executed on May 28, grants Samara Alpha discretionary authority over a potential $300 million portfolio of digital assets, principally XRP, pending activation upon the transfer of assets to designated custody wallets. This filing marks a significant step in Webus’s strategic positioning around digital asset treasury infrastructure while affirming regulatory transparency. The company emphasized the institutional rigor of the partnership, stating:
This strategic framework … is designed to provide Webus with institutional-grade infrastructure and expertise for potential future digital asset treasury operations, specifically focused on XRP management.
Webus confirmed that no funds or assets have yet been transferred, and that Samara Alpha’s obligations begin only upon asset delivery. Critically, the agreement also limits exposure: “The aggregate value of the managed assets under this Agreement shall not exceed US$300,000,000 unless otherwise agreed in writing by both parties.”
Custody arrangements will be executed via multi-signature wallets, with Webus retaining key access and Samara Alpha lacking unilateral withdrawal authority. Fee terms include a 2% annual management fee, a 20% performance fee on net profits above a high-water mark, and an 80/20 staking reward split favoring Webus. The contract, governed by New York law, is set for a three-year term following activation and allows termination with cause or notice. By structuring this digital asset initiative through an SEC-registered investment adviser and codifying protections such as custody controls and risk-defined discretion, Webus signals its intention to cautiously enter the digital asset space without compromising institutional governance.
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