DXC Technology announced a strategic partnership with Ripple to help banks seamlessly adopt digital asset custody and payment capabilities at enterprise scale. As regulated financial institutions navigate an era of exponential change, digital asset adoption depends on accessible, secure blockchain infrastructure. Through this collaboration, DXC and Ripple enable financial institutions and fintechs to access digital asset technology seamlessly, bridging legacy financial systems with blockchain finance.

The solution enables programmable payments and the tokenization, custody, and transfer of digital assets--all allowing institutions to deliver regulated digital asset use cases without disrupting mission-critical core banking systems. Leveraging DXC's Hogan core banking platform, which powers more than 300 million deposit accounts and over $5 trillion in deposits globally, the initiative integrates Ripple's digital asset custody and payments technology into large-scale banking environments, providing Hogan clients with a streamlined path to deliver digital custody and payment capabilities. By delivering last-mile connectivity between regulated banking infrastructure and digital asset platforms, the collaboration helps financial institutions move beyond experimentation and into real-world deployment of blockchain-enabled use cases. Fintechs also benefit from simplified access to the banking relationships required to support compliant custody and payment solutions.

The DXC-Ripple partnership reinforces DXC's commitment to helping financial institutions modernize safely and innovate responsibly. This represents a significant step forward in enabling digital asset adoption across production banking environments worldwide through an integrated core banking approach. Ripple Payments is a licensed, end-to-end cross-border payment solution that enables Ripple to manage the flow of funds on behalf of its customers.

Ripple Custody is designed for banks and financial institutions to securely manage digital assets, stablecoins or Real World Assets (RWAs).