Financial expert Levi Rietveld has drawn attention to a significant move among major global banks suggesting they are preparing a joint stablecoin 0 remarks focus on institutional coordination and highlight one digital asset he believes is uniquely positioned for integration within traditional banking 1 Coordinate on Stablecoin Initiative Rietveld referenced a group of leading financial institutions including Bank of America Goldman Sachs
Deutsche Bank Santander TD Bank UBS
Citigroup and others that are working together on plans for a unified digital settlement 2 many of these banks have independently explored blockchain this reported coordination suggests a shift toward joint implementation rather than isolated 3 emphasized that this initiative appears to be aimed at institutional settlement rather than retail use
marking a potential turning point in how legacy financial systems adopt digital assets and tokenized 4 Major Bank Is ALL IN On #XRP 5 — Levi | Crypto Crusaders (@LeviRietveld) October 11 2025 Institutional Readiness and Ripple’s Track Record Rietveld argued that among existing cryptocurrencies only XRP is currently equipped for full integration into the global banking 6 attributed this to the Ripple team’s early development of enterprise-grade infrastructure and its established relationships with regulated financial 7 highlighted Santander Bank one of the institutions reportedly involved in the initiative
as already having worked with Ripple’s 8 connection was used to support his view that banks could align their stablecoin frameworks with systems already tested through such 9 are on X follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15 2025 Why XRP Is Central to His View Rietveld pointed to XRP’s design for fast low-cost cross-border transactions and its role within institutional liquidity 10 asserted that if banks introduce a joint stablecoin
they may require an interoperable bridge asset which in his view positions XRP as a logical 11 he did not claim any official confirmation from the banks
he suggested that the timing and coordination indicate a broader move toward blockchain settlement that could benefit assets already embedded in financial testing 12 closed with a strong expectation that XRP may be nearing a major phase in 13 analysis reflects growing speculation that if banks formalize a collaborative stablecoin they may rely on infrastructure with a proven record in institutional 14 the full scope of the banks’ plans remains undisclosed his commentary places XRP at the forefront of potential integration within the next wave of digital 15 : This content is meant to inform and should not be considered financial 16 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 17 are advised to conduct thorough research before making any investment 18 action taken by the reader is strictly at their own 19 Tabloid is not responsible for any financial 20 us on X
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