Ripple’s 1,700+ NDAs Signal Widespread Institutional Readiness for XRP Amid Regulatory Uncertainty

Ripple has signed more than 1,700 non-disclosure agreements (NDAs) with banks, governments, and payment providers, highlighting significant behind-the-scenes interest in integrating XRP into global financial infrastructure. While Ripple achieved a partial legal victory in 2023, with XRP ruled not a security for public sales, U.S. banks and many institutional partners remain cautious due to ongoing regulatory uncertainty, particularly around SEC guidance and recent banking sector instability. Despite limited public announcements from U.S. banks, court filings and industry commentary confirm that most partners are waiting for full regulatory clarity before deploying XRP-based solutions. The details, revealed through SEC legal documents and reported market analysis, suggest that once the SEC lawsuit concludes and regulations are clearer, banks and major financial institutions may accelerate adoption of Ripple’s technologies, especially for cross-border payments and liquidity services fully aligned with ISO 20022 compliance. An influx of institutional adoption could rapidly expand the XRP ecosystem, increasing demand and potentially driving up the token’s price. Crypto traders should monitor regulatory developments and upcoming public announcements to gauge XRP’s future market trajectory.