XRP Breaks $2.86 as HSBC & Ant Spark Tokenized Deposit Rally
The post XRP Breaks $2.86 as HSBC & Ant Spark Tokenized Deposit Rally appeared on BitcoinEthereumNews.com.
The XRP Dip Looks Over: Key Levels Signal Upside Continuation After weeks of turbulence, XRP looks primed for a rebound. Analyst Emilio Bojan highlights $2.86 as the breakout threshold, with a move above the $3.01–$3.03 resistance zone potentially igniting a strong upside continuation. Source: Emilio Bojan XRP has proven resilient, rebounding steadily from recent market selloffs. After weeks of consolidation, momentum is building again as buyers step in with the present price being $2.93, according to CoinGecko data. Notably, the $3 level is a pivotal battleground for XRP, long serving as both a psychological magnet and a strong resistance. A decisive breakout here would signal resurgent confidence and clear the path toward retesting previous highs. With rising liquidity inflows and sustained whale accumulation, bullish momentum is rapidly rebuilding. HSBC Launches Cross-Border Tokenized Deposits With Ant International, Pioneering Faster Global Settlements HSBC just took a big step toward mainstreaming blockchain for corporate cash since the bank has rolled out cross-border tokenized deposits and enlisted Ant International as the pioneer client, completing the first U.S. dollar tokenized transfer between Hong Kong and Singapore this month. The move extends a capability HSBC first launched domestically earlier this year and signals banks are pushing past pilots into live cross-border use. HSBC’s Tokenised Deposit Service (TDS) replaces traditional batch-based fiat transfers with digital tokens representing bank deposits, settling transactions on a distributed ledger. This enables instant, 24/7 settlement, automated reconciliation, and programmable flows that react to treasury triggers, cutting settlement risk and back-office workload. Touted as Hong Kong’s first bank-led, blockchain-based settlement service, TDS makes corporate treasury management real-time and frictionless. Notably, HSBC’s solution runs on a bank-controlled private ledger, connecting corporate wallets and deposit records. This setup enables atomic settlement, payments either complete fully or not at all, reducing counterparty and liquidity risks while…
Filed under: News - @ September 24, 2025 7:30 pm