Ripple AFSL Acquisition Signals Major APAC Expansion Push

Background and Context

Ripple has focused heavily on the Asia-Pacific region in recent years because cross-border payment demand continues to grow rapidly across the region. In 2025, the company reported that its APAC payments volume nearly doubled, driven by financial institutions.

The acquisition of BC Payments Australia accelerates Ripple’s expansion because it provides immediate access to an AFSL, rather than waiting through a lengthy licensing process. Once the deal closes, Ripple can legally provide regulated payment services in Australia. It integrates its technology stack with existing financial infrastructure.

In addition, the AFSL allows Ripple to deliver a unified payments system that manages the entire transaction process. This includes onboarding customers, performing compliance checks, handling foreign exchange conversion, managing liquidity, and completing cross-border payouts. 

This development follows several other regulatory milestones for Ripple. In January 2026, the company secured Electronic Money Institution (EMI) authorization from the UK Financial Conduct Authority. Ripple also received preliminary regulatory approval in Luxembourg as part of its European expansion strategy.

Market responses to these regulatory achievements have generally been positive. For example, after Ripple secured the UK EMI authorization in early 2026, XRP traded around $2.13, maintaining stability despite broader crypto market volatility. Earlier regulatory progress also influenced XRP’s market performance. 

Implications for the Australian Financial Ecosystem

The upcoming AFSL license could reshape parts of Australia’s cross-border payments market. Many international transactions in the region still rely on traditional banking systems that involve multiple intermediaries, high fees, and settlement delays.

Ripple’s platform aims to simplify this process through a single integration that manages the entire payment lifecycle. Financial institutions can move funds across borders more efficiently while maintaining regulatory compliance with ASIC standards.

This capability may attract banks, fintech platforms, and large enterprises that want faster and more cost-effective payment infrastructure. Furthermore, the integration of blockchain technology could support emerging digital finance sectors such as tokenized real-world assets and stablecoins built on the XRP Ledger.

For XRP itself, expanded institutional usage could increase the asset’s role as a bridge currency within Ripple’s payment network. As more regulated institutions join the system, transaction liquidity and demand for XRPL infrastructure may grow.

Future Outlook 

Ripple views Australia as an important gateway into the broader Asia-Pacific market. Company leadership has repeatedly described the region as a priority for regulated blockchain innovation.

Following the AFSL acquisition, Ripple plans to work with Australian financial institutions to develop new payment solutions. Potential use cases include real-time remittances, corporate treasury management, and blockchain-based settlement systems.

Globally, the strategy strengthens Ripple’s regulatory positioning. By securing licenses in multiple jurisdictions, the company creates what analysts describe as a regulatory moat that distinguishes it from competitors operating without formal approvals.