Ripple Labs plans to acquire BC Payments to secure an Australian Financial Services License, aiming to expand its regulated payments presence in the region. The company’s transaction volume in APAC nearly doubled in 2025, and it continues to grow partnerships for cross-border remittance. Globally, Ripple is advancing its institutional strategy with regulatory approvals in the US, EU, and UK, and developing new financial products like its RLUSD stablecoin.
Ripple Labs has announced its plan to acquire BC Payments, targeting completion around April 1. The acquisition aims to secure an Australian Financial Services License (AFSL) and grow its regulated payments offering in Australia.
This license would enable Ripple to further establish itself in Australia’s financial sector. The company provides cross-border payment services using blockchain technology for businesses seeking faster and more cost-effective alternatives.
Ripple’s Asia Pacific VP Fiona Murray stated that the license could lead to regional growth. She mentioned that Ripple’s APAC transaction volume almost doubled in 2025 as more businesses utilized digital payment infrastructure.
The network has expanded its regional partnerships, working with Hai Ha Money Transfer and Caleb & Brown. These collaborations aim to expand the accessibility of cross-border remittance and digital asset payments.
Outside Australia, Ripple’s institutional footprint is growing globally. The company received conditional approval to establish Ripple National Trust Bank in the US this year.
It has also secured necessary approvals to operate within the EU and UK markets. This aligns with industry trends toward compliance as global regulators develop more definitive digital asset regulations.
Ripple is expanding its blockchain technology ecosystem and plans to launch its stablecoin RLUSD in Japan. It will follow this with other financial products on the XRP Ledger.
The XRP community is currently discussing a plan to create a yield-generation mechanism for both XRP and RLUSD. This could increase participation in the network.
Ripple is planning to announce the results of Project Acacia. This project investigates the integration of digital currencies into current financial systems.
According to data, XRP is currently trading at $1.38, showing a 0.09% rise over the last 24 hours. From a technical perspective, the asset is holding above its 78.6% Fibonacci retracement level at around $1.36.
