Bank FOR International Settlements

XRP slipped about 5% over the past week to near $1.03 while bitcoin, ether and solana advanced and the broader market rose. ETF inflows into XRP products continued, but fresh capital slowed sharply as traders weighed regulatory delays and neutral technical signals.

A group of major global banks has completed real cross-border payments using tokenized central bank reserves and commercial bank deposits in a BIS-led pilot. The test points to growing institutional interest in shared-ledger settlement as banks seek faster, more traceable international payments.

Hong Kong’s banking sector received a Quantum Preparedness Index score of 2.3 out of 10 from the Hong Kong Monetary Authority. The regulator is pushing banks toward stronger post-quantum cryptography planning, pilots and practical preparedness by 2030.

Major financial institutions are moving deeper into stablecoin services as demand grows for regulated payment, custody, treasury and settlement rails. Standard Chartered and BNY are expanding USDC access while European lenders push euro-denominated alternatives to keep tokenized finance anchored in local currency.