XRP Nears $2 as Ripple and DXC Integrate Custody and Payments into Core Banking

Beincrypto reports XRP climbed about 2.95% and was trading near $1.96 on Thursday, bringing the psychologically significant $2 level within reach as Ripple announced a partnership with DXC Technology to integrate its digital asset custody and payment solutions into DXC’s Hogan core banking platform.

DXC said it will embed Ripple Payments and Ripple Custody into the Hogan platform, which reportedly manages over 300 million deposit accounts with a total value exceeding $5 trillion globally. The integration aims to enable banks and fintechs to offer digital asset custody, tokenization, and cross-border payment services without disrupting existing core banking systems.

In the announcement, Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC, said, “For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities.” Joanie Xie, VP and Managing Director, North America at Ripple, added, “Our partnership with DXC brings digital asset custody, RLUSD, and payments directly into the core banking environments institutions already trust.” The report says the move signals growing institutional acceptance of blockchain-enabled solutions and provides “last-mile connectivity” between traditional finance and on-chain assets, which the outlet said could enable real-world deployment at scale.

Key Topics

Crypto, Xrp, Ripple, Dxc Technology, Hogan Platform, Ripple Payments