XRP Price Nears $2 as Ripple Expands Enterprise Reach to 300 Million Accounts in New Deal

The XRP price surged nearly 3% on Thursday, bringing the psychologically significant $2 level within striking distance.

The move comes amid Ripple’s aggressive expansion of its digital asset ecosystem, highlighted by a strategic partnership with DXC Technology (DXC).

XRP Price Eyes the $2 Mark As Ripple Expands Banking Reach

As of this writing, the XRP price was trading for $1.96, just shy of the $2 threshold after a 2.95% climb in the last 24 hours.

The surge comes barely a day after Ripple President Monica Long highlighted strong forecasts for 2026. It also follows Ripple CEO Brad Garlinghouse’s appearance at the World Economic Forum (WEF) in Davos, Switzerland.

However, the latest gains for the Ripple token follow the network’s collaboration with DXC Technology, which aims to bridge traditional banking infrastructure with enterprise blockchain solutions.

DXC announced that it will integrate Ripple’s digital asset custody and payment solutions into its Hogan core banking platform. Reportedly, the platform manages over 300 million deposit accounts with a total value exceeding $5 trillion globally.

The integration aims to enable financial institutions to offer digital asset custody, tokenization, and cross-border payment services without disrupting existing core banking systems.

“For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities,” read an excerpt in the announcement, citing Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC.

According to Bhanote, DXC Technology’s work with Ripple brings those capabilities together in a way that allows banks to engage in the digital asset ecosystem without changing their core systems.

Through this collaboration, Ripple Payments, a licensed end-to-end cross-border solution, and Ripple Custody, designed for institutional digital asset management, will be embedded into DXC’s enterprise banking infrastructure.

This integration allows banks and fintechs to adopt digital asset capabilities while maintaining regulatory compliance and operational continuity.

“Banks are under increasing pressure to modernize while continuing to operate on complex infrastructure,” added Joanie Xie, VP and Managing Director, North America at Ripple. “Our partnership with DXC brings digital asset custody, RLUSD, and payments directly into the core banking environments institutions already trust.

Together, they are enabling banks to deliver secure, compliant digital asset use cases at enterprise scale without disruption.

Institutional Adoption Gains Momentum as Ripple Scales Globally

The initiative represents a significant step in Ripple’s ongoing effort to drive adoption of its digital assets across mainstream financial institutions.

While the stablecoin RLUSD has experienced record highs following institutional interest in markets like the UAE, its market capitalization remains modest at $1.4 billion, a tiny fraction of the $309 billion global stablecoin market.

XRP, meanwhile, continues to inspire optimism as the broader Ripple ecosystem expands and adoption narratives strengthen.

The DXC–Ripple partnership signals growing institutional acceptance of blockchain-enabled solutions in core banking systems.

By providing “last-mile connectivity” between TradFi and on-chain assets, the collaboration reduces the friction banks face in experimenting with digital currencies. This could enable real-world deployment at scale.

Ripple’s strategic enterprise push, combined with XRP’s recent price momentum, could encourage further interest from both institutional and retail participants.