Banking Giant HSBC refers to XRP as "a Game-Changer" in real-time transactions and cross-border settlements. This in reference to their activities of over 3M inter-company transactions worth $250B per year and as a replacement for Central Bank currencies.

HSBC recently released a document titled “Distributed Ledger Technology in the Capital Markets Game Changers – Future Trends in Securities Services.” In this document, HSBC had a section of "Digital Ledger Technologies" in capital markets. In it they made specific mention of XRP and its utility in real-time cross-border settlements. made specific mention of XRP and it's utility. Very interestingly, they stated that XRP tokens can represent Central Bank currencies, seeming to imply XRP provides utility where Central Banks and the Federal Reserve fails, and/or outright replace and act as an improved version of Central Bank functions.

​

https://preview.redd.it/lz0l9tu7uz4b1.png?636&format=png&auto=webp&s=e1c0381c0706229efb02852a96a9e9b8b7bbabcc

They also state a number of advantages of using Digital Ledger Technologies.

​

https://preview.redd.it/vbk2hoqquz4b1.png?395&format=png&auto=webp&s=ddc3450b7dec2646b9f177dd7966e0d8bda94b17

They specifically pointed out the use case of XRP in their 3 million inter-company transactions and 250 billion in transactions per year. And all of a sudden SEC v. XRP get even more interesting. It is stunning that they had a whole document release dedicate solely to DLT usage at all.