Ripple is pushing blockchain deeper into traditional finance through a partnership with DXC Technology, embedding crypto custody and payments into a core banking platform that underpins trillions in global deposits and millions of accounts.
Ripple Breaks Into Legacy Banking Systems Through DXC’s $5T Core Platform
Global banking modernization continues to accelerate as institutions evaluate enterprise adoption. DXC Technology (NYSE: DXC), an enterprise technology and innovation partner, announced a strategic partnership with Ripple on Jan. 21, 2026, focused on expanding digital asset custody and payment capabilities for regulated financial institutions.
The collaboration brings Ripple’s blockchain-based custody and payments tooling into DXC’s Hogan core banking environment. The announcement notes:
“DXC integrates Ripple’s institutional-grade technology into its Hogan core banking platform, which supports $5 trillion in deposits and 300 million accounts globally.”
Global Head and General Manager of Financial Services Sandeep Bhanote stated: “For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities.” He described the partnership as a way for banks to engage with digital assets while maintaining existing operational frameworks, linking traditional accounts, wallets, and decentralized platforms without altering mission-critical systems.
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As banks and fintechs face pressure to modernize amid evolving customer and regulatory expectations, the partnership aims to move institutions beyond limited pilot programs and into live production environments. Vice President and Managing Director for North America Joanie Xie explained that embedding digital asset custody, RLUSD, and payment functionality directly into core banking platforms supports secure and compliant deployment at enterprise scale.
The collaboration also aligns with Ripple Payments, a licensed cross-border payment solution, and Ripple Custody, which supports the management of digital assets, , and . Together, DXC and Ripple position their combined offering as a bridge between legacy financial infrastructure and onchain finance, enabling banks to adopt crypto-related services while preserving stability, compliance, and operational continuity as digital assets gain traction across global markets.
FAQ ⏰
- What does the DXC and Ripple partnership enable for banks? It allows banks to deploy digital asset custody and payments directly within the Hogan core banking platform.
- How many accounts does DXC’s Hogan platform support globally? Hogan powers more than 300 million deposit accounts and over $5 trillion in deposits worldwide.
- Which Ripple products are integrated into DXC’s core banking systems? The integration includes Ripple Custody, Ripple Payments, RLUSD, and blockchain-based payment tooling.
- Why is this partnership significant for regulated financial institutions? It enables compliant, enterprise-scale adoption of digital assets without changing mission-critical banking systems.
Author: Kevin Helms
Source: Bitcoin
Reviewed By: Editorial Team
