Ripple says banks shift to crypto execution

Ripple said senior bank directors are moving from debating the value of digital assets to focusing on how to deploy tokenisation and crypto payments inside regulated financial systems.

Reece Merrick, Ripple’s senior executive officer and managing director for the Middle East and Africa, said extended discussions with bank directors showed rising institutional commitment to real-world execution.

“The conversation has officially shifted from ‘why’ to ‘how,’”

Said Reece Merrick.

Merrick said a session scheduled for 30 minutes expanded to 90 minutes as executives responsible for oversight and capital allocation engaged deeply on digital asset strategy.

“I spent yesterday in a boardroom with 20+ executive and non-executive bank directors, diving deep into the evolution of the market,”

Merrick said, adding that consensus was “overwhelmingly positive.”

He said discussions centred on integrating digital assets with existing banking systems, meeting regulatory expectations and improving cross-border payment efficiency.

The comments reflect a broader trend across global banking, where institutions working with Ripple are increasingly viewing tokenisation and blockchain-based payments as strategic infrastructure rather than experimental technology.