Oh, hello there! Guess who just got a major upgrade? That’s right, Ripple is having a moment in Asia, thanks to one of China’s biggest fintech companies deciding to give the XRP Ledger a whirl. Yes, Linklogis, the fintech powerhouse you’ve probably never heard of but should totally Google, is moving its trillion-dollar supply chain finance platform to XRPL. Can you even imagine the paperwork? 😂
Linklogis Moves Trillion-Dollar Finance Platform To XRPL
WhaleWire, the crypto world’s very own paparazzi, broke the news on X (formerly Twitter, for those keeping track). Linklogis, with its massive trillion-dollar platform, is officially jumping ship to XRPL. According to WhaleWire, this is a big win for XRP, proving that it’s not just about the memes and the hype-it’s about real-world applications too. Who knew?
Just last year, in 2024, Linklogis handled a whopping RMB 20.7 billion (that’s about $2.9 billion for us Yanks) in cross-border assets across 27 countries. Talk about a global player! Moving such a large volume of transactions requires a robust system, and Linklogis clearly thinks XRPL fits the bill. High throughput and instant settlement? Sign me up! 🙌
With this move, Linklogis will tokenize invoices and receivables, turning them into digital tokens on the blockchain. This means businesses working with Linklogis can trade and settle these documents faster and with less risk. It’s like getting a VIP pass to the world of finance-no more waiting in line! 🎉
Both Ripple and Linklogis are now gearing up to roll out the global digital supply chain finance app on XRPL’s mainnet. They’re planning to integrate Linklogis’ entire platform into XRPL, making it possible to issue and settle digital assets tied to real trade flows on the blockchain. It’s like putting your financial life on autopilot. 🚗💨
But wait, there’s more! Ripple and Linklogis are also looking to explore new collaborative ventures. Think stablecoins, smart contracts, and even AI in trade finance. It’s like a tech buffet, and we’re all invited to the feast. 🍽️
Ripple Expanding Deeper Into Asia’s Financial Infrastructure
This Linklogis deal is just the latest in Ripple’s Asia expansion strategy. In South Korea, BDACS is offering institutional-grade XRP storage, compliant with local regulations. Over in Japan, SBI Holdings is prepping to list Ripple’s XRP stablecoin and is even considering launching yen-backed digital tokens. It’s like a financial revolution, one country at a time. 🌍🔥
Ripple is also supporting innovation through the Web3 Salon, offering grants of up to $200,000 for projects built on the XRP Ledger. With Linklogis now integrating XRPL into one of China’s largest fintech ecosystems, Ripple’s tech could become a staple in Asia’s financial landscape. And yes, despite China’s ban on domestic crypto activities, Linklogis can still use XRPL for international needs. It’s a clever workaround, if I do say so myself. 🤔
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2025-08-28 23:24