U.S. Bank Cross River Begins Using XRP Ledger for Cross-Border Value Transfers in Ripple Partnership

Cross River Bank, a U.S.-based financial institution, has entered into a partnership with Ripple to utilize the XRP Ledger for cross-border value transfers. The announcement was made jointly by Ripple and Cross River, representing a notable development in the integration of XRP technology into regulated U.S. banking infrastructure.

The partnership signals that at least one U.S. bank is now actively moving value using XRP rails, a milestone that the broader XRP community has anticipated for a significant period. Ripple's development arm, RippleX, is involved in the technical implementation of this integration.

• Cross River Bank is a U.S.-chartered bank now using the XRP Ledger for value transfer.
• The partnership was announced jointly by Ripple and Cross River Bank.
• RippleX, Ripple's developer-facing division, plays a role in the technical side of the integration.
• This represents live, operational use of XRP infrastructure within a domestic U.S. banking context.

The development is significant in the context of ongoing efforts to establish XRP as a bridge asset for institutional payment corridors. Use of the XRP Ledger by a regulated U.S. bank for actual value transfers, rather than pilot programs or exploratory agreements, represents a concrete step forward in real-world adoption.