The Full List of Ripple Partners: Who’s Actually Signed

Ask crypto Twitter for a Ripple partners list and you’ll get two answers, both wrong. The maximalist version: “every bank on earth is secretly signed.” The dismissive version: “the partnerships are vaporware.” The truth sits in the middle, it’s documented, and it’s honestly more interesting than either myth — because the real list tells you exactly what Ripple is building, and where XRP does and doesn’t fit into it.

This guide sorts the noise into four clean buckets: who uses Ripple’s software, who moves money with XRP, who Ripple has bought outright, and who’s in the infrastructure layer most people never see. The distinction matters more than any single name — a lesson we hammered home in Ripple vs XRP: What’s the Difference?

Bucket 1: Banks Using Ripple’s Technology

These are the marquee names — and the bucket where you need the most honesty, because “partnered with Ripple” usually means “uses Ripple software,” not “buys XRP.”

• Santander — the flagship early adopter. Its One Pay FX retail payments product was built on Ripple’s messaging technology. Software partnership; not XRP settlement.
• Standard Chartered, Axis Bank, RAKBANK — long-standing RippleNet members for cross-border payment corridors across Asia and the Gulf.
• SBI Holdings (Japan) — the deepest bank relationship Ripple has. The joint venture SBI Ripple Asia dates back a decade, SBI is a major Ripple shareholder, and its remittance arm actually uses XRP (see bucket 2). If one institution embodies the partnership thesis, it’s this one.
• Kbank (Thailand) — deployed Ripple’s custody infrastructure in 2026 for digital-asset custody services.
• Jeonbuk Bank (South Korea) — cross-border payments partnership announced August 2026, one of the newest names on the board.
• BBVA (Spain) — launched digital-asset custody on Ripple infrastructure in 2025.

Pattern worth noticing: the newer bank deals are increasingly about custody — banks holding digital assets for clients on Ripple’s rails — rather than just payment messaging. That’s the quiet pivot.

Bucket 2: The Ones That Actually Touch XRP

This is the shorter, more valuable list — institutions using XRP itself as a bridge asset through On-Demand Liquidity (now folded into Ripple Payments; mechanics in What Is ODL?).

• SBI Remit (Japan) — uses XRP as the bridge for remittance corridors into Southeast Asia. Publicly confirmed by Ripple, running for years.
• Bitso (Mexico) — the liquidity hub of the famous US–Mexico corridor; its current case studies name both XRP and RLUSD as settlement assets.
• Tranglo (Asia) — Ripple-invested payments hub running XRP-based ODL corridors across Southeast Asia.
• Cuallix (Mexico) — a footnote today, but historically first: the original xRapid/XRP pilot back in 2017.

Is this list shorter than the hopium version? Yes. Is it real, public, and settling actual money with XRP? Also yes. That’s the trade we’ll take. And every corridor that moves through these rails is visible on-ledger — you can watch it yourself with the tools we cover in How to Track Any XRP Wallet.

Bucket 3: The Acquisition Spree — Ripple Buying Its Own Partners

Since the SEC case ended, Ripple stopped just signing partners and started buying the plumbing. Roughly $3–4 billion deployed:

• Hidden Road — $1.25B (2025). A global prime broker clearing trillions annually. This made Ripple the first crypto company to own a global multi-asset prime broker — the pipes hedge funds and institutions trade through.
• GTreasury — $1B (October 2025). Corporate treasury software used by major enterprises. Translation: Ripple bought a seat inside the corporate CFO’s toolbox.
• Rail (2025) — stablecoin payments platform, folded into the RLUSD push.
• Metaco (2023) — institutional custody tech, now the backbone of Ripple Custody deals like Kbank and BBVA.
• Standard Custody (2024) — a regulated US custodian, part of the licensing chessboard.

Read the pattern: brokerage, treasury, custody, stablecoin rails. Ripple isn’t waiting for banks to adopt its network — it’s assembling a financial institution piece by piece. Whether that ultimately drives XRP demand is the trillion-dollar question, and we gave it a full article in How Ripple Actually Makes Money.

Bucket 4: The Infrastructure Layer

• BNY Mellon — America’s oldest bank, primary reserve custodian for Ripple’s RLUSD stablecoin. Not an XRP deal — but having BNY hold your stablecoin reserves is the institutional stamp of approval money can’t easily buy. (RLUSD primer: What Is RLUSD?)
• Mastercard, WebBank, Gemini — exploring RLUSD settlement for card flows on the XRP Ledger, announced late 2025. Early, but watch it: card settlement is the kind of boring volume that changes everything.
• Central banks — Ripple’s CBDC platform has run pilots from Bhutan to Palau to Colombia. Covered in Ripple, CBDCs & the New Money Grid.

How to Read Any Future “Partnership” Headline

Five questions, in order, every time a new name drops:

1. Software or settlement? Messaging tech, custody tech, or actual XRP flows? Only one of those three touches the token directly.
2. Announced by whom? Ripple’s newsroom and the partner’s own press release beat “sources say” accounts posting bank logos.
3. Pilot or production? A proof-of-concept is a date; production corridors are a marriage.
4. Is volume visible? Real ODL flows leave on-ledger footprints. No footprint over months = still a press release.
5. Does the market already know? By the time a partnership headline reaches your feed, the desks that trade full-time have priced it. Partnerships are a thesis input, not a trading signal — a theme we unpacked in Is XRP a Good Investment?

The Honest Bottom Line

The dismissive crowd is wrong: the partner list is real, global, and growing, with some of the biggest names in finance attached. The hopium crowd is also wrong: most bank partnerships are software deals, and the XRP-settlement club remains selective. What’s undeniable in 2026 is the direction — from signing partners to buying infrastructure, from payments messaging to custody and treasury, from crypto outsider to a company holding more regulated licenses than most banks. The endgame that implies is bigger than any single logo. Which banks actually use XRP day-to-day gets its own deep-dive here: Which Banks Actually Use XRP?

FAQ: Ripple Partners

How many partners does Ripple have?

Ripple has publicly referenced hundreds of institutional customers across its history, spanning banks, payment providers and fintechs in 50+ countries. The number of partners confirmed to settle with XRP itself is far smaller — a curated list of payment specialists like SBI Remit, Bitso and Tranglo.

Is Santander still a Ripple partner?

Santander’s One Pay FX was built on Ripple technology and remains the most famous bank deployment. It uses Ripple’s software for messaging — it has never publicly used XRP for settlement.

Which Ripple partners actually use XRP?

Publicly confirmed: SBI Remit (Japan), Bitso (Mexico), and Tranglo (Southeast Asia) settle corridors with XRP via Ripple Payments/ODL, with Bitso also naming RLUSD. Most other “partners” use Ripple’s software or custody without touching the token.

Did Ripple partner with Mastercard?

In late 2025 Mastercard, WebBank and Gemini announced work exploring RLUSD settlement on the XRP Ledger for card transactions. It’s an RLUSD/XRPL initiative rather than an XRP settlement deal — significant, but read it precisely.

What companies has Ripple acquired?

The headline buys: Hidden Road prime brokerage (~$1.25B), GTreasury corporate treasury software (~$1B), stablecoin platform Rail, custody firm Metaco, and Standard Custody — roughly $3–4B of infrastructure since 2023.

Not financial advice. Partnerships are receipts of activity, not promises of price.