XRP Ledger Wins Institutional Traction with Mastercard, BlackRock, Franklin Templeton Partnerships

The XRP Ledger is gaining traction among financial institutions, as evidenced by recent partnerships and integrations. According to Odelia Torteman, a director at XRPL Commons, there has been interest from giants such as Mastercard, BlackRock, and Franklin Templeton in using the ledger's features for cross-asset payments.

Torteman noted that the XRP Ledger's native automated market maker and decentralized exchange have appeal to enterprises. This comes amid growing institutional adoption of blockchain protocols with built-in features for compliance and efficiency.

In September 2025, Ripple partnered with Franklin Templeton and DBS for tokenized lending using the RLUSD stablecoin. Later that month, Securitize enabled swaps of BlackRock's BUIDL shares for RLUSD. In November 2025, Mastercard collaborated with Ripple and Gemini to pilot RLUSD settlements on the ledger.

The XRP Ledger supports transparent transactions with trust lines and KYC tools, making it attractive to regulated entities. Data shows growing institutional tokenization, with funds like BUIDL holding over $500 million in assets.