Ripple Turns Its Gaze on a $5 Trillion Pile, Partnering with Old Mule DXC to Make Banks Look Silly
Well now, if it ain’t the latest turn of the screw in the financial circus: DXC Technology, a mighty big fish in the Fortune 500 pond, has struck up a deal with that blockchain feller called Ripple. The plan, as they boast, is to stuff digital assets into the very bones of your old-fashioned bank-those relics supporting over five trillion dollars’ worth of deposits and 300 million accounts. Ain’t that a fine kettle of fish?
Now, this fancy new arrangement means Ripple’s blockchain tricks will be sneaked right into DXC’s Hogan system-yes, the same one that’s been supporting banks like a faithful mule for ages. So, the banks can keep their old horse-and-buggy while secretly learning to fly a drone or two.
And the punchline? These banks, long hindered by systems as ancient as Moses, will get a “bridge.” They can dip their toes into digital assets without throwing everything into the Mississippi. They’re free to fiddle and experiment until they decide-“Yes, sir, let’s go full steam ahead.”
The good folks at DXC, rubbing their hands, see a harvest of opportunities-hundreds of banks, all itching to offer digital safekeeping, programmable payments, and turning real-world assets into shiny tokens. Don’t worry, it’s all perfectly above board, or so they say.
And They’ve Been Busy Besides
This Ripple character ain’t been loafing around. They recently made friends with LMAX Group, a fancy exchange for foreign currencies and cryptos, where they decided to toss in Ripple’s stablecoin RLUSD like a crowning jewel. Last year, they shook hands with BBVA, one of the largest banking giants, to help them hoard digital assets as if they owned Fort Knox.
In short, Ripple’s been making the rounds, trying to look like the future while most folks just wonder if it’s a shiny new toy or a wolf in sheep’s clothing. One thing’s for sure: banks better get ready; they’re about to learn some new tricks-whether they like it or not.
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2026-01-21 21:22