<ul><li>Ripple's XRP recognized by IIF as a top cross-border tool for speed and low-cost settlement in BIS consultation feedback.</li><li>IIF's report highlights XRP for providing quick and cost-effective transactions compared to current systems, lauding Ripple's network for near-instant settlement times.</li><li>XRP's use in cross-border payments gains traction as legacy banking systems face challenges, with Ripple's system being praised for its clarity in underserved regions.</li><li>Despite Ripple's stablecoin RLUSD not being mentioned in the IIF report, Ripple continues to expand its global payment operations through real-world use cases.</li></ul>

Ripple News: XRP Named as Top Cross-Border Tool by International Finance Group

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