XRP Ledger Earns IMF Recognition in New Stablecoin and Tokenization Report
The International Monetary Fund (IMF) has highlighted the XRP Ledger as one of the public blockchain networks financial institutions are using to issue stablecoins, reinforcing its growing role in the evolution of tokenized finance.
In its latest report, The Rise of Tokenization: Deciphering New Trends in Payments and Asset Tokenization, the IMF examines how banks are leveraging blockchain technology to modernize payments, settlements, and asset management.
Rather than relying exclusively on private ledgers, the report notes that some institutions are choosing permissionless blockchains to issue regulated stablecoins, benefiting from greater interoperability and broader market access.
Among the examples cited is Société Générale's euro-denominated stablecoin, EUR CoinVertible (EURCV), which has been deployed on the XRP Ledger alongside Ethereum, Solana, and Stellar.
Therefore, the IMF presents the project as a practical example of how established financial institutions are embracing public blockchain infrastructure for regulated digital assets.
The report identifies tokenization as one of the most significant trends reshaping global finance. By converting real-world assets, including currencies, bonds, equities, and other financial instruments, into blockchain-based tokens, institutions can streamline ownership transfers, accelerate settlement times, reduce operational costs, and improve transparency while minimizing reliance on traditional intermediaries.
IMF Says Tokenization Could Transform Finance as XRP Ledger Gains Institutional Attention
Beyond these efficiencies, the IMF believes tokenization could fundamentally transform financial markets by improving liquidity, reducing settlement risk, and expanding access to financial services.
The report aligns with recent remarks from IMF Senior Economist Itai Agur, who described tokenization and programmable money as the next stage in the evolution of financial markets.
According to Agur, combining programmable money with tokenized assets can enable faster, cheaper, and more efficient transactions through smart contracts that automate processes and reduce the need for intermediaries.
Therefore, IMF’s inclusion of the XRP Ledger alongside Ethereum, Solana, and Stellar signals that public blockchain networks are increasingly being recognized as viable infrastructure for regulated financial products.
As banks continue expanding into stablecoins and tokenized assets, the XRP Ledger is emerging as one of the platforms attracting growing institutional attention.
