The global payments industry is evolving at a pace few could have imagined just a decade ago. For years, sending money across continents required a maze of intermediary banks, delayed settlements, and high transaction fees. Today, blockchain technology is steadily dismantling those barriers and replacing them with near-instant financial rails that move value across borders in seconds.
Amid this transformation, software developer Vincent Van Code highlighted a striking moment on social media following a post by Brian Armstrong, the CEO of Coinbase. After Armstrong described how quickly and cheaply cryptocurrency can move funds internationally, Vincent Van Code publicly thanked Ripple and XRP, crediting the technology for helping make such a financial breakthrough possible.
Brian Armstrong Highlights Crypto’s Payment Efficiency
Armstrong’s message captured the core promise of blockchain-based payments. The Coinbase CEO remarked that someone can send money from the United States to Australia faster than it takes to write a tweet—and do so for less than a cent in fees.
His statement stands in stark contrast to the legacy financial system. Traditional international bank transfers often take several days to settle because banks rely on correspondent networks and multiple intermediaries. Each step introduces additional costs and delays, particularly when payments are sent between different countries or regions.
Thanks Ripple and XRP https://t.co/Rs7LIJygMB
— Vincent Van Code (@vincent_vancode) March 10, 2026
Blockchain technology removes many of these intermediaries. Distributed networks validate and settle transactions directly, enabling faster and significantly cheaper transfers between participants anywhere in the world.
Why Ripple and XRP Entered the Conversation
In response to Armstrong’s comment, Vincent Van Code pointed to Ripple and XRP as technologies that helped pioneer fast and affordable cross-border payments.
Ripple has spent more than a decade building enterprise blockchain solutions designed specifically for global financial institutions and payment providers. Its technology allows banks and fintech companies to move funds internationally with minimal friction while maintaining transparency and security.
At the center of this ecosystem lies the XRP Ledger, a decentralized blockchain built to process financial transactions at high speed. The network typically settles transactions within three to five seconds while maintaining extremely low fees. These characteristics make XRP one of the earliest digital assets designed for real-time global liquidity.
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The XRP Ledger’s Role in Cross-Border Finance
The XRP Ledger enables users to transfer value quickly across currencies and borders without relying on centralized intermediaries. It also includes a built-in decentralized exchange that allows seamless asset conversions within the network.
Financial institutions and payment providers across regions such as Asia-Pacific and Latin America have adopted Ripple’s infrastructure to streamline international transfers. These integrations allow businesses to settle payments far more efficiently than traditional banking rails.
Ripple has also expanded its ecosystem with new institutional tools, including digital asset custody services and the U.S. dollar-backed stablecoin RLUSD, which enhances liquidity for blockchain-based payment flows.
A Broader Shift Toward Blockchain Payments
Armstrong’s observation highlights a broader industry shift: blockchain networks now function as practical financial infrastructure rather than experimental technology.
For developers like Vincent Van Code, the efficiency described by the Coinbase CEO represents years of innovation finally reaching mainstream recognition. His response underscores a growing belief within the crypto community that platforms such as Ripple and the XRP Ledger helped lay the groundwork for a future where sending money globally becomes as fast and effortless as sending a message online.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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