Cross-border payments remain one of the most challenging areas in finance, with consumers often left uncertain about final costs and delivery amounts. Regulators are beginning to acknowledge that new technologies could solve these long-standing issues, and the Bureau of Consumer Financial Protection (CFPB) has pointed to solutions that can give consumers clarity before money even moves. SMQKE (@SMQKEDQG), a prominent crypto researcher on X, posted an image citing the CFPB’s acknowledgment that tools such as Ripple’s suite of products could help banks and credit unions confirm the precise amount a remittance recipient will receive before a transfer is initiated. The CFPB stated that expanded adoption of Ripple’s technology , alongside SWIFT’s gpi product, could enable financial institutions to deliver a clear and final payment figure at the time of transaction. This statement reinforces the idea that distributed ledger technology would serve a critical role in compliance with transparency requirements. The Bureau of Consumer Financial Protection (CFPB) “also believes that expanded adoption of SWIFT's gpi product or Ripple's suite of products could … allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they… pic.twitter.com/WIpJza4w6j — SMQKE (@SMQKEDQG) September 7, 2025 Implications of the CFPB Statement The excerpt cited by SMQKE shows the recognition of Ripple’s XRP-powered payment products as a solution that addresses long-standing challenges in the remittance industry . Traditional remittance services often face criticism due to unpredictable fees, currency conversion losses, and hidden costs that leave recipients with less than expected. Ripple’s infrastructure could close this gap by providing certainty and clarity for all parties involved. This recognition also extends beyond consumer convenience. Precise payment outcomes play a central role in regulatory compliance, particularly under the Electronic Fund Transfer Act, which requires that consumers understand the details of transfers before authorization. XRP’s ability to provide this level of assurance aligns directly with those obligations, positioning its technology as a viable option for mainstream adoption . How Does This Benefit XRP? Ripple’s products, which utilize XRP as a bridge asset , have long been discussed as tools that could modernize the remittance industry. The CFPB’s acknowledgment in an official regulatory context adds weight to the argument that XRP has a role in facilitating compliant, transparent, and efficient cross-border payments. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 While the document does not endorse a specific cryptocurrency, its mention of Ripple highlights XRP’s relevance in addressing regulatory requirements. If financial institutions adopt Ripple’s solutions to meet transparency standards, demand for XRP as a liquidity mechanism could rise. The fact that regulators have recognized these products as capable of delivering tangible consumer benefits strengthens the case for broader institutional engagement. For a sector often criticized for its volatility and lack of oversight, the CFPB’s words provide a measure of credibility. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post CFPB Mentions Remittance Issue Resolved By Ripple Using XRP appeared first on Times Tabloid .
