Travelex Bank is using Ripple Payments to cut transaction costs and enable near-instant settlement for cross-border transfers, building on the On-Demand Liquidity integration first launched in August 2022.The US Faster Payments Council report identifies Ripple alongside Stellar as leading innovators within the G20’s framework for faster, cheaper, and more transparent global payments by 2030.The G20 roadmap targets 75% of cross-border transfers credited within one hour and costs as low as one cent per transaction by 2027, benchmarks that Ripple’s ISO 20022-compliant infrastructure is designed to meet.