by aria-ratings.com
August 28, 2025 at 22:25
China Embraces Blockchain: Ripple and Ledger Power New Supply Chain Solution
Ripple has recently achieved a landmark partnership with Linklogis, a major Chinese fintech company, which is shifting its trillion-dollar supply chain finance platform to the XRP Ledger (XRPL).
This transition represents a significant step in Ripple's expansion within the Asian financial technology sector.
Linklogis is known for its extensive operations, having processed approximately $2.9 billion in cross-border assets in 2024 alone, necessitating a robust solution like the XRPL.
By embracing blockchain, Linklogis will enable the tokenization of invoices and receivables, streamlining trading and settlement while minimizing risk.
The collaboration aims to harness XRPL's capabilities to create a global digital supply chain finance application that integrates seamlessly into Linklogis' existing framework.
Furthermore, this partnership lays the groundwork for future innovations, which may include advancements in stablecoins, smart contracts, and the intersection of AI and blockchain in trade finance.
Ripple's presence is bolstered by additional moves in the region, including partnerships with South Korean custody providers and Japanese financial entities exploring XRP-based products.
Despite China's restrictions on domestic cryptocurrency activities, Linklogis will leverage the XRPL for its international supply chain needs.
This development signifies a deepening of Ripple's influence in Asia's financial landscape, which could catalyze further blockchain adoption across the continent.
As both companies forge ahead, the implications of integrating such technologies could reshape how logistics and trade finance operate on a global scale.
South Korea has taken a significant step in the cryptocurrency landscape with Bitplanet launching a $40 million Bitcoin treasury. This initiative positions Bitplanet as the first South Korean firm to integrate...
Pyth Network has witnessed a significant surge in its token price after being selected by the U.S. Department of Commerce to publish key economic data, including Gross Domestic Product (GDP), on-chain. The ann...
Chainlink (LINK) is witnessing a significant price rebound, recently surging as much as 10% to a high of $26 following the announcement of its partnership with the U.S. Department of Commerce. This collaborati...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional AccessShun Tai Holdings, a Hong Kong-based company, has made headlines by announcing a substantial investment in the cryptocurrency market. The firm revealed a plan to allocate 70 million Hong Kong dollars, approxim...