2025 HIGHLIGHT: SBI Group 🤝 ChainlinkOne of Japan’s largest financial conglomerates forms strategic partnership with Chainlink to accelerate institutional adoption of tokenized funds, RWAs, & regulated stablecoins across Asia.Chainlink (@chainlink):We’re excited to announce a strategic partnership between Chainlink and SBI Group one of Japan’s largest financial conglomerates with the USD equivalent of over $200 billion in total assets.https://t.co/ZNyq7bVvUbSBI Group and Chainlink will focus on powering sev ...

Industry Convergence - Crypto 和传统金融的融合正在加速价值互联网的发展 [1] Event Announcement - Ripple Swell 2025 大会结束，明年将在纽约举办 [2]

Core Insights - Ripple is collaborating with Mastercard, WebBank, and Gemini to test the use of its RLUSD stablecoin for settling fiat credit card transactions on a public blockchain [1][4] - The initiative aims to demonstrate how regulated stablecoins can enhance traditional financial infrastructure while maintaining compliance and safety [1][4] Group 1: Project Overview - The project utilizes the XRP Ledger (XRPL) and RLUSD, a U.S. dollar-backed stablecoin introduced by Ripple in December 2024, which is fully backed by cash and cash equivalents and has surpassed $1 billion in circulation [2] - WebBank, the issuer of the Gemini Credit Card, will explore settling Mastercard transactions using RLUSD on the XRPL, marking a potential first for a regulated U.S. bank to settle traditional card payments with a regulated stablecoin on a public blockchain [3] Group 2: Implementation and Impact - The onboarding of RLUSD to the XRPL is set to begin in the coming months, pending regulatory approvals, and if successful, could serve as a model for other card programs considering blockchain-based settlement [4] - The pilot aims to replace slower and more expensive settlement processes currently used by banks, potentially allowing for near-instant fund transfers, especially for cross-border transactions [5] Group 3: Industry Context - Mastercard has previously explored stablecoin payments and views this project as part of its broader strategy to integrate regulated digital assets into its global network [6] - Ripple and Gemini have collaborated earlier this year on an "XRP edition" of the Gemini Credit Card, indicating ongoing partnerships in the digital asset space [6]