XRP Enters Traditional Banking As SBI Shinsei Unveils New Pilot Program
SBI Shinsei Bank plans a pilot on June 10 to let savings customers convert about 20% of their deposit interest into crypto rewards, including XRP, Bitcoin, or Ethereum. The feature is built into its Hyper Deposit product, so users could gain crypto exposure through normal banking activity rather than a separate exchange. A full rollout is expected by autumn 2026. The move is part of SBI’s broader digital asset strategy and could bring XRP to a large banking audience in Japan. Separately, clearer U.S. stablecoin rules from the GENIUS Act could support Ripple’s RLUSD and increase XRP Ledger use. Because XRPL fees are paid in XRP and a small amount is burned each transaction, higher activity could strengthen XRP’s utility and deflationary pressure.
