Financial expert Levi Rietveld has drawn attention to a significant move among major global banks, suggesting they are preparing a joint stablecoin initiative. His remarks focus on institutional coordination and highlight one digital asset he believes is uniquely positioned for integration within traditional banking infrastructure. Banks Coordinate on Stablecoin Initiative Rietveld referenced a group of leading financial institutions , including Bank of America, Goldman Sachs, Deutsche Bank, Santander, TD Bank, UBS, Citigroup, and others, that are working together on plans for a unified digital settlement instrument. While many of these banks have independently explored blockchain, this reported coordination suggests a shift toward joint implementation rather than isolated experimentation. He emphasized that this initiative appears to be aimed at institutional settlement rather than retail use, marking a potential turning point in how legacy financial systems adopt digital assets and tokenized money. EVERY Major Bank Is ALL IN On #XRP pic.twitter.com/SdvfCf9VKx — Levi | Crypto Crusaders (@LeviRietveld) October 11, 2025 Institutional Readiness and Ripple’s Track Record Rietveld argued that among existing cryptocurrencies, only XRP is currently equipped for full integration into the global banking system. He attributed this to the Ripple team’s early development of enterprise-grade infrastructure and its established relationships with regulated financial institutions. He highlighted Santander Bank, one of the institutions reportedly involved in the initiative, as already having worked with Ripple’s technology. This connection was used to support his view that banks could align their stablecoin frameworks with systems already tested through such partnerships. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why XRP Is Central to His View Rietveld pointed to XRP’s design for fast, low-cost cross-border transactions and its role within institutional liquidity corridors. He asserted that if banks introduce a joint stablecoin, they may require an interoperable bridge asset, which, in his view, positions XRP as a logical choice. While he did not claim any official confirmation from the banks, he suggested that the timing and coordination indicate a broader move toward blockchain settlement that could benefit assets already embedded in financial testing environments. Rietveld closed with a strong expectation that XRP may be nearing a major phase in adoption. His analysis reflects growing speculation that if banks formalize a collaborative stablecoin, they may rely on infrastructure with a proven record in institutional use. Though the full scope of the banks’ plans remains undisclosed, his commentary places XRP at the forefront of potential integration within the next wave of digital finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Finance Expert: Every Major Bank Is All In On XRP appeared first on Times Tabloid .
