Digital assets and blockchain are also increasingly being used in Europe for cross-border payments and the secure movement of money.

This is being powered by a number of beneficial drivers.

Biggest value propositions for incorporating blockchain-based currencies into your cross-border payments business? (in Europe)

24/7/365 availability

57%

Faster payments/settlement times

56%

Cost savings

44%

More liquidity

36%

More transparency

30%

No pre-funding or

reduced pre-funding

24%

24/7/365 availability

57%

Faster payments/settlement times

56%

Cost savings

44%

More liquidity

36%

More transparency

30%

No pre-funding or

reduced pre-funding

24%

No pre-funding

or reduced

pre-funding

More

transparency

More

liquidity

Cost

savings

24/7/365

availability

Faster

payments/

settlement times

57%

30%

36%

24%

44%

56%

No pre-funding

or reduced

pre-funding

More

transparency

More

liquidity

Cost

savings

24/7/365

availability

Faster

payments/

settlement times

57%

30%

36%

24%

44%

56%

Ripple, 2024