Ripple (XRP) Is Classified As a Blockchain-based Neobank. Here’s the Proof
As debate over Ripple’s long-term role in global finance continues, crypto researcher SMQKE has pointed to archived documents that appear to classify the company as a blockchain-based neobank.
In a tweet, the researcher said, “Yes, Ripple is classified as a blockchain-based Neobank. Documented 2x,” while attaching screenshots from two separate publications that describe Ripple in those terms.
The post focused on documented references rather than speculation, with SMQKE presenting evidence from publications that place Ripple alongside financial technology firms and digital banking platforms operating in the cross-border payments industry.
Yes, Ripple is classified as a blockchain-based Neobank. ✅
Documented 2x.📝👇
— SMQKE (@SMQKEDQG) June 16, 2026
Documents Reference Ripple as a Neobank
The first document shared by SMQKE appears to come from an article discussing the One-Leg Out Instant Credit Transfer Initiative and its potential impact on financial institutions. Within the text, the publication refers to “neobanks like Revolut or Ripple,” grouping Ripple with digital-first financial service providers operating outside the traditional banking framework.
A second document presents another publication under a section titled “Fintechs, Neobanks and Specialized Banks.” The text explains that companies have developed specialized cross-border payment solutions before stating, “Finally, Ripple also belongs to this category, although the basis of clearing here is its own cryptocurrency.”
By highlighting both excerpts, SMQKE maintained that documented sources have already categorized Ripple as a blockchain-based neobank, emphasizing that this characterization has appeared several times in published material.
Community Reaction Points to Ripple’s Future Ambitions
The X post also attracted reactions from members of the XRP community. One commenter, identified as “documenting XRP,” responded by suggesting that Ripple’s evolution may not stop at its current business model, writing, “They’ll be a full international bank soon.”
We are on X, follow us to connect with us :-
— TimesTabloid (@TimesTabloid1) June 15, 2025
The comment reflects a broader belief among some XRP supporters that Ripple could continue to expand its financial services as regulatory frameworks develop and institutional adoption grows. However, the comment represents personal opinion rather than an announced corporate plan.
SMQKE’s post itself did not make predictions about Ripple’s future direction. Instead, it focused on presenting historical documentation that links the company to the neobank sector.
By sharing two separate examples, the researcher sought to reinforce the claim that Ripple has previously been described in published materials as a blockchain-based neobank that leverages XRP as part of its cross-border payment infrastructure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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