India’s Top Bank Trials XRP Ledger for Cross-Border Transfers
- Lilly Mackani
- 3 minutes ago
- 3 min read
Mumbai, June 27, 2025 — In a week that may go down as historic for blockchain-based finance, India’s leading bank has begun a pilot test using the XRP Ledger to power cross-border transactions. In parallel, RealFI, a global fintech innovator, has announced the upcoming launch of the $REAL token on the XRP Ledger, aiming to tokenize the $654.39 trillion global real estate market.
These twin developments highlight the increasing adoption of the XRP Ledger (XRPL) not just as a crypto-native asset, but as a foundational technology for real-world financial applications—from remittances to real estate.
India Embraces XRP for Faster Cross-Border Transfers
India, the world’s top remittance destination with over $100 billion received annually, is now exploring blockchain to improve payment rails. The unnamed Indian bank is testing XRP Ledger’s infrastructure in limited corridors, focusing first on high-volume regions like the Gulf countries and Southeast Asia, which host millions of Indian expatriates.
Key Advantages of XRPL in Remittances:
Settlement in Seconds: Unlike SWIFT, which takes days, XRP transactions settle almost instantly.
Lower Fees: XRP Ledger’s transaction cost is a fraction of a cent.
Blockchain Transparency: Immutable, auditable records enhance compliance and reduce fraud.
This pilot aligns with India’s growing digital finance ecosystem, including its CBDC initiatives and the globally praised Unified Payments Interface (UPI). If successful, the pilot may expand to North America, Europe, and other global corridors.
“This could redefine the cost and speed of international remittances for millions of Indian families,” said one blockchain analyst based in Mumbai.
RealFI to Launch $REAL Token on XRP Ledger — Transforming Real Estate
On the heels of the Indian bank’s pilot, RealFI has officially announced the release of its REAL token on XRPL, scheduled for June 7, 2025, at 12:00 PM EST. The initiative aims to tokenize the world’s largest asset class: real estate.
The $REAL Token at a Glance:
Capped Supply: 100 million tokens
Use Cases: Rent payments, deposits, full property purchases, service fees
Goal: Universal Real Estate Currency for a digitized real estate economy
Blockchain Backbone: XRP Ledger’s speed, security, and low-cost scalability
This token will allow fractional ownership of property, real-time settlement of real estate transactions, and access to global investment opportunities previously limited by borders and bureaucracy.
“With REAL, we’re enabling real estate to move at the speed of the internet,” stated RealFI in its official release.
XRPL’s Growing Role in Real-World Finance
The parallel emergence of enterprise-scale use cases—from India’s banking sector to the tokenization of trillions in real estate assets—cements XRP Ledger’s position as more than just a crypto platform. It's becoming the backbone of a new decentralized financial infrastructure.
What Ties These Together:
Efficiency: Instantaneous, low-fee transactions
Interoperability: Seamless integration with both traditional banks and fintech platforms
Compliance: Auditable and regulatory-friendly architecture
What’s Next?
For India: A successful XRP remittance pilot could lead to full-scale adoption across banks, and possibly even integration with UPI and CBDC frameworks.
For RealFI: The REAL token could unlock borderless real estate investment and trading platforms, revolutionizing how we buy, sell, and rent property globally.
For XRP Ledger: The XRPL becomes the go-to settlement layer for both financial institutions and tokenized real-world assets.
Final Thoughts
From remittance corridors in India to the tokenization of real estate in global markets, the XRP Ledger is fast becoming a cornerstone of real-world blockchain adoption. These simultaneous developments are not isolated—they’re signs of a broader shift toward decentralized finance systems that serve practical needs.
With institutional support, real-world utility, and scalable infrastructure, XRP Ledger may be writing the blueprint for the next generation of global finance.