Ripple (XRP) News Today: January 27th

The news surrounding Ripple’s ecosystem has been quite interesting lately. In the following lines, we will touch upon everything most important involving the company and its native token, XRP. The Latest Partnerships Reece Merric, Ripple’s Managing Director, Middle East & Africa, revealed that the firm has teamed up with Jeel – the innovation and technology arm of Riyad Bank. According to him, the main goal of the collaboration is to advance Saudi Arabia’s financial future through blockchain innovation. “The Kingdom’s visionary leadership has established Saudi Arabia as a forward-thinking global hub for digital transformation. Together with Jeel, we’ll explore use cases for cross-border payments, digital asset custody, and tokenization in support of the Vision 2030 agenda,” his announcement reads. Prior to that, Ripple shook hands with DXC Technology. The latter is an American multinational IT services and consulting company that has over 125,000 employees. Through this collaboration, DXC will integrate Ripple’s blockchain technology into its Hogan core banking platform, which supports $5 trillion in deposits and 300 accounts worldwide. Speaking on the matter was Joanie Xie (VP and Managing Director, North America, Ripple): “Banks are under increasing pressure to modernize while continuing to operate on complex infrastructure. Our partnership with DXC brings digital asset custody, RLUSD, and payments directly into the core banking environments institutions already trust. Together, we’re enabling banks to deliver secure, compliant digital asset use cases at enterprise scale without disruption.” A Big Event Next Month Earlier today (January 27), Ripple announced on X that XRP Community Day will kick off on February 11 with a “fireside chat” featuring the CEO Brad Garlinghouse and the crypto podcaster Tony Edward. The main topics of conversation will be XRP’s growing use in capital markets infrastructure, the community’s longevity and stability, and the macro shift ...