What to Know:
- Chainlink is powering cross-border settlements between Brazil and Hong Kong, sparking debate about XRP’s role in global finance.
- Some analysts suggest institutions are favoring alternatives like Chainlink over XRP for blockchain settlement solutions.
- XRP supporters defend its potential, emphasizing Ripple’s focus on larger markets beyond traditional remittances.
The XRP community is buzzing following Chainlink’s announcement of its involvement in a cross-border settlement project between the central banks of Brazil and Hong Kong. This development has reignited discussions about the role of XRP and Ripple in the future of global financial infrastructure. While some see it as a missed opportunity for XRP, others maintain confidence in Ripple’s long-term vision.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is enabling cross-border Delivery-versus-Payment (DvP) settlement between the Central Bank of Brazil and the Hong Kong Monetary Authority as part of Brazil’s Drex project. This allows smart contracts across different blockchains to coordinate actions like installment payments and digital Bill of Lading transfers. Some analysts view this as another example of institutions choosing alternatives to XRP for settlement and tokenized asset solutions.
sorry, it’s hard to see from the top. chainlink also forgot to add the words “test” and “experiment” in their post. pic.twitter.com/2JBpyoNbDT
— ê°Êɪá´á´Ê (@flippy589) November 3, 2025
The XRP Army has responded to the criticism, pointing out that Chainlink’s price performance has not matched its growing adoption. They also emphasize that Ripple is targeting trillion-dollar markets, positioning XRP for significant future growth. This perspective suggests that Ripple’s strategy extends beyond competing directly with existing remittance services.
The ongoing debate highlights the evolving landscape of blockchain in finance, with multiple players vying for dominance. While Bitcoin continues to lead as a store of value, and Ethereum as a platform for decentralized applications, the competition for cross-border settlement solutions is heating up. The regulatory environment surrounding cryptocurrencies and stablecoins, including potential ETFs, will also play a crucial role in shaping the future of these technologies.
As institutions explore blockchain for settlement and tokenized assets, the choice between XRP, Chainlink, and other solutions will depend on factors such as scalability, security, and regulatory compliance. The Brazil-Hong Kong pilot project demonstrates the growing importance of interoperability frameworks in connecting existing financial rails. The future utility of XRP hinges on Ripple’s ability to secure partnerships and demonstrate its value proposition in the evolving global financial system.
Source: Original article
