A report on the decade since World Economic Forum (WEF) is re-emerging in the crypto space, highlighting the early recognition of the opportunities of Ripple and XRP in the banking sector. Analysts say the document shows how decentralized networks like Ripple can become allow institutions to pay faster and directly in the future.
WEF Spotlights Ripple For Settlement Case Study
A crypto market analyst identified as ‘SMQKE’ on X recently renewed the 2015 WEF report, which sparked new discussions in the crypto community. Document it checks how traditional banks can interact with emerging payment technologies, and specifically addresses the company as a payment system. to modify the interbank settlement.
The WEF report pointed out that, like other payment methods, such as different networkshave grown in popularity around the world, banks have the opportunity to integrate them into their services. By adopting this technology, institutions can make it easier for customers to move their value in and out of non-traditional networks while also exploring new financial products. Ripple has been identified as an example of a protocol that could serve as one of these alternatives.
Beyond customer use, these networks can also improve how banks work internally. By using non-traditional networksbanks can streamline processes and offer smoother, faster products and services. The Ripple protocol, for example, improves this process by enabling real-time settlements between banks, eliminating the need for traditional clearing houses or contact banks.
The research in the WEF report focuses on Germany-based Fidor Bank, a fully online bank that launched a payments company in its internal operations in 2014. According to the World Economic Forum, Ripple’s widespread adoption they can enable other banks to settle payments on the spot. This early example shows how a crypto payment company was already seen as a viable tool improving the efficiency of banks.
Although the WEF report is more than a decade old, its information is still relevant as financial institutions continue exploring blockchain-based payment solutions. Notably, this is not the first time the World Economic Forum has mentioned Ripple in its reports. In its May 2025 report, the international organization highlighted Ripple and XRP Ledger (XRPL) as the main technology in the future of asset tokens.
How XRP Fits into the Bank’s Payment System
As a traditional symbol of XRP Ledger (XRPL)XRP is designed to act as a digital bridge for fast, low-border payments between financial institutions. Using XRPL, Ripple enables banks and payment providers to settle transactions in seconds rather than days.
Because of its high output and ability to handling large transaction volumes with little effort, the XRP Ledger seems to fit the needs of modern banks. Its efficiency and speed have won many compare Ripple and SWIFTa long-term messaging network used by banks around the world for international transfers.
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