Strait Of Hormuz Tensions Put XRP And Ripple's Payments Infrastructure In Global Spotlight
Rising geopolitical risk around the Strait of Hormuz, a route handling about 20% of global oil shipments according to analyst Pumpius, is heightening market volatility and exposing weaknesses in cross-border payment flows. Pumpius says US and Israel strikes on Iran have cut vessel activity through the strait by roughly 70%, raising concerns over energy supply and potential oil price spikes. In this environment, Ripple’s XRP and its ISO 20022-aligned infrastructure are being framed as tools for more resilient international settlement, while Dubai’s regulators and companies expand their use of the XRP Ledger for tokenized diamonds and real estate under Ripple’s growing global licensing footprint.