Ripple Joins BIS Taskforce for Cross-Border Payments Interoperability

Gate News message, April 22 — Ripple has been included in a newly formed taskforce under the Bank for International Settlements (BIS) Payments and Market Infrastructure committee, focused on improving cross-border payment interoperability.

The BIS taskforce aims to address long-standing inefficiencies in international money transfers, including delays, high fees, and lack of transparency across different payment systems. Ripple's participation reflects recognition of blockchain-based solutions in shaping global financial infrastructure. The company will contribute its technology expertise to help design frameworks that enhance cross-border payment efficiency at a global scale.