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Japanese Banks Confirm XRP Settles 60% Cheaper Than SWIFT in Under 4 Seconds


Japanese Banks Confirm XRP Settles 60% Cheaper Than SWIFT in Under 4 Seconds

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Japanese banks' pilot (reported 2026-04-11) shows XRP settles cross-border payments in under 4 seconds and cuts costs by up to 60% versus SWIFT. Signals meaningful crypto adoption by financial institutions, boosting XRP payment-rail utility and potential market impact for cross-border payments; relevant keywords: crypto, adoption, payments, XRP, SWIFT, banks.

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Financial institutions in Japan have unveiled new pilot data showing that XRP payments can cut cross-border costs by up to 60% compared to SWIFT. This cost cut happens all while the network settles transactions in under four seconds.

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