Ripple invested $1 billion in the acquisition of GTreasury, aiming to deepen its integration with traditional finance by merging blockchain with banking systems, serving 1,000 clients in over 160 countries. SWIFT's Chief Information Officer Tom Zschach criticized Ripple for a lack of trust and regulatory capital, but crypto assets attorney Bill Morgan defended the move, pointing out that it aligns with the trend of banks adopting digital asset infrastructure. Ripple has applied for a national banking license in the U.S. and completed its third major transaction in 2025, advancing CEO Brad Garlinghouse's vision of connecting traditional finance and digital finance.

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