• XRP remains central to Uphold’s cross-border payment strategy despite the rise of tokenized bank deposits.
• Uphold kept XRP trading during regulatory uncertainty after legal review and user-access considerations.
• Tokenized deposits reduce settlement delays, though fiat off-ramps still create residual friction.

An executive at Uphold reports that XRP continues to play a central role in the company’s approach to cross-border payments and digital banking, even as tokenized bank deposits and regulated digital dollars gain traction. Speaking in a YouTube video, Raj Varoja, Senior Vice President of Neobanking at Uphold, outlined how XRP fits into a broader transition away from legacy banking infrastructure toward blockchain-based settlement systems.

Varoja, who has spent eight years at Uphold after starting his career in traditional banking, described the current peri…

Read The Full Article Uphold Executive Details XRP’s Role in the Shift Toward Digital Banking Infrastructure On Coin Edition.

• XRP remains central to Uphold’s cross-border payment strategy despite the rise of tokenized bank deposits.
• Uphold kept XRP trading during regulatory uncertainty after legal review and user-access considerations.
• Tokenized deposits reduce settlement delays, though fiat off-ramps still create residual friction.

An executive at Uphold reports that XRP continues to play a central role in the company’s approach to cross-border payments and digital banking, even as tokenized bank deposits and regulated digital dollars gain traction. Speaking in a YouTube video, Raj Varoja, Senior Vice President of Neobanking at Uphold, outlined how XRP fits into a broader transition away from legacy banking infrastructure toward blockchain-based settlement systems.

Varoja, who has spent eight years at Uphold after starting his career in traditional banking, described the current peri…

Read The Full Article Uphold Executive Details XRP’s Role in the Shift Toward Digital Banking Infrastructure On Coin Edition.