Ripple Scores Another Huge Win As Chinese Powerhouse Moves Trillion-Dollar Supply Chain To XRP Ledger

Ripple has just scored a significant victory in Asia as one of China’s most prominent financial technology companies makes a big ￰0￱ partnership adds to Ripple’s momentum in Asia as Linklogis, a well-known fintech powerhouse, has announced it will move its trillion-dollar supply chain finance platform to the XRP Ledger (XRPL). Linklogis Moves Trillion-Dollar Finance Platform To XRPL WhaleWire, a popular crypto monitoring account, announced on X that Linklogis has selected the XRP Ledger to support its extensive supply chain finance ￰1￱ company operates a trillion-dollar platform and is now moving these operations onto ￰2￱ states that XRPL powering real-world assets, global payments, and trade finance is a victory for ￰3￱ scale of Linklogis’ operations is already ￰4￱ 2024, the platform processed RMB 20.7 billion, equivalent to approximately $2.9 billion, in cross-border assets across 27 ￰5￱ flows at this size requires a strong solution, and Linklogis chose XRPL to meet the demand for high throughput and instant ￰6￱ this move, Linklogis will be able to place invoices and receivables directly on the blockchain by turning them into digital ￰7￱ tokenization process will enable businesses that work with Linklogis to trade and settle these financial documents more quickly and with reduced ￰8￱ each move tracked and protected on the blockchain , the collaboration with XRPL could add reliability to trade ￰9￱ Ripple and Linklogis will now work together to roll out the Linklogis global digital supply chain finance application on XRPL’s ￰10￱ part of the plan, Linklogis will fully integrate its global platform into XRPL, allowing digital assets tied to real trade flows to be issued and settled ￰11￱ taking this first step, Ripple and Linklogis also plan to explore new ways of ￰12￱ new areas could expand XRPL’s technical capabilities in enterprise-grade financial systems , including stablecoins, smart contracts for trading supply chain assets, and the use of artificial intelligence in conjunction with blockchain in trade ￰13￱ Expanding Deeper Into Asia’s Financial Infrastructure This development with Linklogis is part of Ripple’s rapid expansion in ￰14￱ South Korea, a custody provider called BDACS has launched institutional-grade XRP storage , which supports major cryptocurrency exchanges in compliance with local ￰15￱ Japan, SBI Holdings is preparing to list Ripple’s XRP stablecoin , while also exploring the launch of yen-backed digital ￰16￱ is also backing innovation through the Web3 Salon , where it provides grants of up to $200,000 for projects built on the XRP ￰17￱ Linklogis now integrating XRPL into one of China’s largest fintech ecosystems, Ripple’s technology could gain a deeper foothold in Asia’s financial ￰18￱ China bans domestic cryptocurrency activities , Linklogis can still apply blockchain technology to its global supply chain business, using XRPL for international needs.