ASHBURN, Va. — DXC Technology, a leading global enterprise technology provider, has announced a strategic partnership with blockchain firm Ripple to bring scalable digital asset custody and payment capabilities directly into the world’s core banking systems. The collaboration aims to help banks and financial institutions adopt blockchain enabled services at enterprise scale without overhauling existing infrastructure.
Bridging Traditional Banking and Digital Assets
Under the agreement, Ripple’s institutional grade digital asset custody and payments technology will be embedded into DXC’s Hogan core banking platform, which currently supports more than 300 million deposit accounts and over $5 trillion in global deposits. This integration enables banks to offer digital asset services—including custody, tokenization, and real time payments—alongside traditional banking operations.
The partnership reflects a growing industry trend in which legacy financial systems seek to incorporate blockchain capabilities to meet rising demand for digital finance services. By integrating Ripple’s solutions within DXC’s established platform, banks can avoid costly system replacements while deploying compliant, scalable digital asset functionality.
What the Integration Enables
With Ripple’s technology integrated into the Hogan platform, financial institutions can:
• Offer secure digital asset custody solutions designed for regulated environments.
• Support real time cross border payments with blockchain rails.
• Implement tokenization and programmable payment services that operate seamlessly with existing banking functions.
• Access stablecoin infrastructure, including Ripple’s RLUSD, as part of their payment and settlement options.
This approach creates a bridge between traditional financial infrastructure and the emerging digital asset ecosystem, allowing banks to move from pilot projects to full scale production deployments.
Industry and Institutional Impact
Financial institutions have faced hurdles in adopting digital assets due to regulatory uncertainty, technical complexity, and the challenge of integrating new capabilities with legacy systems. The DXC–Ripple partnership addresses these barriers by enabling banks to deliver digital asset services without disrupting core operations or compromising compliance safeguards.
Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC, highlighted the importance of secure custody and seamless payment capabilities as prerequisites for widespread adoption of digital assets in mainstream banking. Meanwhile, Ripple’s executives emphasized that the collaboration helps institutions modernize infrastructure while preserving stability.
Looking Ahead
As digital asset markets continue to evolve and institutional interest grows, partnerships like this position banks to compete more effectively in a landscape where blockchain technology plays an increasingly central role. The integration of Ripple’s solutions into DXC’s core banking platform marks a pivotal step toward wider institutional adoption of digital finance.
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SOURCES: PR Newswire; Stock Titan; Ledger Insights; MEXC; StreetInside.com
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