Ripple expands into core banking via DXC partnership

Ripple has partnered with DXC Technology to embed blockchain-based custody and payments into legacy core banking systems.

The collaboration integrates Ripple’s digital asset tooling into DXC’s Hogan core banking platform.

DXC said the Hogan platform supports about $5tn in deposits and roughly 300 million accounts worldwide.

“DXC integrates Ripple’s institutional-grade blockchain technology into its Hogan core banking platform,”

The announcement said.

The partnership is aimed at regulated financial institutions seeking compliant access to digital asset services.

DXC said the integration allows banks to link traditional accounts, wallets and decentralised platforms without altering core systems.

“For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities,”

Sandeep Bhanote said.

Ripple said the move supports banks transitioning from pilot projects to live production environments.

The integration includes support for digital asset custody, payments and related infrastructure.

“Embedding digital asset custody and payment functionality directly into core banking platforms supports secure and compliant deployment,”

Joanie Xie said.

The partnership aligns with Ripple Payments and Ripple Custody services.

Ripple said the collaboration bridges traditional banking infrastructure with onchain finance.

At the time of reporting, XRP price was $1.91.