Ripple is set for global adoption as 80% of Japanese banks have integrated XRP into their financial systems.
SBI Holdings, a major player in Japan's finance sector, supports Ripple's XRP for international remittances.
The adoption of XRP in Japanese banks enhances foreign exchange and cross-border payment processes, resulting in improved efficiency and cost reduction.
Despite Ripple's lawsuit with the SEC, Japanese banks continue to support XRP, and its trading activity remains strong in countries like South Korea.