Key Insights:
- Ripple plans AFSL acquisition to expand regulated cross-border payments in Australia.
- Ripple Payments platform integrates traditional banking and digital assets for faster, simpler transactions.
- XRP derivatives activity declined as price fell, reflecting cautious trading in Asia-Pacific markets.
Ripple announced it plans to secure an Australian Financial Services License (AFSL) to expand its operations in the Asia-Pacific region. The company said the license will allow it to provide payment services in Australia while following local regulations. Ripple offers blockchain-based services for financial institutions and businesses that move money across borders.
The company said the license will support the growth of Ripple Payments in Australia. Banks, fintechs, and other companies can access faster ways to send money internationally. The license allows Ripple to combine digital assets with traditional banking systems.
License Through Acquisition
Ripple said it will obtain the AFSL through the proposed acquisition of BC Payments Australia Pty Ltd. The transaction is still subject to standard approval steps.
Once the license is finalized, Ripple Payments can manage all steps of a transaction. This includes onboarding, compliance checks, funding, foreign exchange, liquidity management, and final payout. The platform allows businesses to use a single system without managing multiple intermediaries or handling blockchain infrastructure directly.
Australia as a Key Market
Ripple said Australia is an important market for its payment services in Asia-Pacific. Local banks and fintechs are seeking faster settlement and direct payment solutions.
Fiona Murray, Managing Director for Asia Pacific at Ripple, said “Licensing is fundamental to Ripple’s strategy, ensuring we can deliver secure, compliant solutions to customers worldwide.” She added, “Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region.”
Regional Adoption and XRP Activity
Ripple reported that its Asia-Pacific payment volume nearly doubled in 2025 compared with the previous year. Australian companies using Ripple include Hai Ha Money Transfer, Novatti Group, Stables, Caleb & Brown, Flash Payments, and Independent Reserve.
XRP, Ripple’s digital token, was trading at $1.38 with a 24-hour volume of $3.09 billion. Data from Coinglass shows derivatives open interest rose sharply when XRP moved above $3, then fell to about $2–$3 billion as prices declined to $1.3–$1.5. Current data shows lower derivatives activity, reflecting cautious trading.
Ripple now holds more than 75 regulatory licenses globally, allowing it to provide regulated digital asset services while working with local rules in multiple markets.
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