Largest Banking Group In Japan Drops Big XRP Announcement

Crypto commentator JackTheRippler has reacted to a recent announcement involving Japan’s largest banking group, asserting that the development confirms the use of the XRP Ledger for financial settlements.

His post references a press release issued by SBI Holdings through its subsidiary SBI Ripple Asia Corporation, dated February 20, 2026, regarding technical support for blockchain implementation in financial services.

JackTheRippler said SBI has confirmed it will use the XRP Ledger to settle money transfers. He presented the development as a significant milestone, emphasizing SBI’s position as Japan’s largest banking group. The attached document shows an official statement titled “Start of technical support with a view to the implementation of blockchain utilization in financial services,” issued by SBI Ripple Asia Corporation.

Details of the SBI Announcement

According to the document shown in the image, SBI Ripple Asia signed a basic agreement with Asia Web3 Alliance Japan to provide technical support for implementing blockchain-based financial services.

The summary section of the release explains that the partnership will develop a support environment for startups seeking to use blockchain technology in financial services. It also assumes the use of “XRP Ledger,” described as being implemented by financial institutions worldwide.

The statement focuses on technical support, regulatory response, business design, and business viability. It does not explicitly state that SBI, as a banking group, will directly settle all transactions using the XRP Ledger. However, it does confirm that the ledger is being considered within the scope of blockchain-based financial service implementation.

Broader Financial System Claims

Beyond referencing the SBI announcement, JackTheRippler expanded his commentary to include broader assertions about the global financial system. He stated that XRP will consolidate the global financial system and described it as the only asset designed to sit above the existing system rather than within it. He further claimed that when liquidity moves freely, value will flow to decentralized networks rather than traditional institutions.

The commentator also discussed the role of the United States Department of the Treasury in controlling the U.S. monetary supply and asserted that the Federal Reserve has already been shuttered in Washington.

He described the current central bank fiat monetary structure as being in a “controlled demolition”, claiming that a new quantum financial system based on blockchain and gold-backed is imminent, identifying XRP as infrastructure for that system.

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