Tokenization News – Ripple and Stellar announced a joint tokenized payment network in July 2025, targeting ASEAN markets.
Leveraging the XRP Ledger and Stellar’s blockchain, the network enables instant, low-cost payments for banks and fintechs, processing $50 million in pilot transactions.
This initiative, competing with Visa and PayPal, underscores tokenized payments’ role in cross-border finance, aligning with the $129 billion tokenized asset market.
The partnership positions ASEAN as a hub for blockchain-based payments.
Tokenized Payments Streamline ASEAN Transactions
The Ripple-Stellar network allows ASEAN banks to process tokenized payments, reducing cross-border transfer times from days to seconds.
XRP and XLM tokens, backed by fiat, ensure stability for remittances and trade settlements.
The pilot’s $50 million in transactions across Singapore and Thailand highlights tokenized payments’ efficiency.
This system rivals SWIFT, offering cost savings and transparency, making it attractive for regional fintechs and merchants.
XRP Ledger and Stellar Power Tokenized Payments
The XRP Ledger’s speed and Stellar’s low-cost transactions enable the network to handle high-volume tokenized payments.
Smart contracts facilitate secure, automated settlements, integrating with Web3 platforms for merchant payments.
The partnership leverages XRPL’s role in tokenized funds, as seen in Mercado Bitcoin’s $200M bond tokenization, and Stellar’s interoperability, positioning tokenized payments as a scalable solution for ASEAN’s growing digital economy in 2025.
Regulatory Support for Tokenized Payment Networks
The network complies with ASEAN regulations and the EU’s MiCA framework, ensuring tokenized payments meet financial standards.
Partnerships with regional banks like DBS ensure custodial security, fostering trust.
As Brazil and Hong Kong advance tokenized payment regulations, Ripple and Stellar’s initiative could inspire global adoption, solidifying tokenized payments as a transformative force in cross-border finance.
