Sunday, 13 Jul 2025

Eastnets relies on Ripple-DLT for its Payment Safe system-a strategic breakthrough

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13 Jul 2025 06:23
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  • Ripple is established in a global payment infrastructure via Eastnets and has direct contact with central banks and market -leading commercial banks.
  • Eastnets´ Payment Safe System Ripple gives access to regulated, based ISO-20022, compliant payment channels that work in real time.

With the integration of its technology into the Payment Safe system from Eastnets, which is used by over 800 financial institutions, including 15 of the 50 leading banks and 22 central banks worldwide, Ripple has reached a new phase of global access. The partnership brings Riples DLT (Distributed-Ledger technology) to a large part of the international financial system and connects Ripple with the institutions that are dependent on central compliance and payment processes on Eastnets.

The majority of Eastnets customers, which include over 270 companies and banks, use the Eastnets applications to achieve Swift connectivity and ensure compliance. Ripple is now embedded in an integrated payment center that supports payments worldwide in various formats such as ISO 20022.

Eastnets have been working in the international financial market for over 40 years. Its technology not only fulfills the developing regulatory requirements, but also actively participates in Swift messaging and ISO migrations. With the implementation of Ripple as part of PAYMENTSAFE, Eastnets positions itself as a platform, which is used by financial institutions on all continents.

Ripple and Eastnets Cooperation Brings DLT in Tradfi

Crypto expert SMQKE, realizes that Ripple’s participation in the Payment Safe platform has taken place with little publicity. Now Ripple has direct access to the traditional, global financial networks. He connects Ripple with central banks and financial institutions that already use Eastnets for safe news processing.

The Payment Safe platform offers real-time backpoff integration and functions for news conversion. Ripple acts as a distributed ledger rail within this platform, and its DLT technology is processed part of the daily financial operations of the institutions connected to Eastnets. This coexists Ripple with systems that have long been dominated by the Swift news protocols.

Eastnets actively participates in the debate about financial regulation. As a member of the World Economic Forum and founding member of the INATBA (International Association for Trusted Blockchain Applications), Eastnets makes a contribution to financial policy and international regulation of blockchain technology. Ripple will indirectly benefit from this debate through the partnership.

Swift access and ISO 20022-Ripple is facing big changes

The new Allianz offers Ripple more than just customer access-it offers infrastructure relevance. The indirect connection with the World Economic Forum and global blockchain policy groups makes Ripple even more present in international finance. With the ISO 20022 conformity and integration into the Swift system, Ripple is now part of a global financial infrastructu, which banks trust.

Companies such as Mastercard, American Express and FBN Bank UK, which are among the current partners of Eastnets, were already connected to Ripple through previous transactions. These connections strengthen trust in Ripple and its presence at traditional financial companies.

SMQKE considers the new partnership to be largely underestimated, consider the size of the companies that are at Eastnets’s customers. However, the cooperation, which is very unspectacularly achieved, is likely to turn out to be one of the most important milestones in the company history of Ripple.

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