#correspondent-banking

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Cryptocurrency
fromnews.bitcoin.com
4 hours ago

Evernorth Highlights XRP's 'Actual Story' Beyond JPMorgan Settlement Attention

XRP Ledger coordinated a cross-institutional settlement workflow, enabling tokenized U.S. Treasury redemption and dollar delivery to Ripple in Singapore outside normal banking hours.
Business
fromFortune
7 months ago

Why do so many global payments still require a layover in New York? | Fortune

Global cross-border payments are slow, costly, and overly dependent on U.S. correspondent banking concentrated in New York, creating inefficiency and systemic risk.
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