XRP News: Ripple Plans BC Payments Deal to Expand Payments in Australia

Key Insights:

• Ripple plans to acquire BC Payments Australia to secure an AFSL and expand regulated payment services in the Australian market.
• Ripple said its APAC payments volume nearly doubled in 2025. At the same time, the company now holds more than 75 licenses worldwide.
• XRP weekly RSI entered a deep oversold zone, seen near prior macro bottoms in past cycles.

Ripple plans to expand its payments business in Australia through a deal involving BC Payments Australia. The company said the move is aimed at securing an Australian Financial Services License, or AFSL.

In XRP news, the update places Australia at the center of Ripple’s next licensed payments push in the Asia-Pacific region. XRP’s weekly RSI has entered a deeply oversold zone. This zone has historically appeared near broader market bottoms and early rebound phases.

Ripple Targets AFSL Through BC Payments Deal

Ripple said it plans to obtain an AFSL through the acquisition of BC Payments Australia Pty Ltd. The company stated that the transaction is set to close on April 1.

The license would support Ripple’s push to build a regulated payments platform. It aims to serve financial institutions and enterprises in Australia.

The company said the Australia plan fits its broader strategy for regulated cross-border payments. Ripple stated that its platform covers onboarding, compliance, funding, foreign exchange, liquidity management, and payouts.

It added that these services operate across traditional banking rails and digital asset infrastructure.

Australia Remains Part of Ripple’s APAC Growth Plan

Ripple described Australia as a key market for its regional expansion. The company said its Asia-Pacific payments volume nearly doubled in 2025. That growth came as Ripple expanded services for institutions, fintech firms, and enterprise clients across the region.

Additionally, Ripple listed several customers operating in Australia. Those named in the report include Hai Ha Money Transfer, Novatti Group, Stables, Caleb & Brown, Flash Payments, and Independent Reserve.

The company said the planned AFSL would help it scale Ripple Payments further in Australia. It would also support licensed service delivery across the country.

The latest Australian move follows other regulatory steps taken by Ripple in recent months. Earlier, the company secured an electronic money license in Luxembourg. Ripple said that approval allows it to offer services across all 27 European Union member states under a single passport framework.

XRP News Tracks Licensing Growth

Ripple said it now holds more than 75 regulatory licenses worldwide. Company executives described compliance as central to its expansion model.

The firm said it has expanded support for RLUSD in Asia-Pacific. It also added custody, collections, and liquidity management to its payments platform.

The company stated that this structure is designed to unify fiat and stablecoin services within one system.

Ripple linked the Australia plan to its wider effort to expand licensed payment services in more markets. It also referred to XRP, XRP Ledger, and RLUSD as part of the tools used in its payments network.

Following the update, XRP traded at $1.37, down 0.68% over the past 24 hours. Its market cap stood at $84.42 billion. On the other hand, 24-hour trading volume reached $3.16 billion, up 35.51% during the same period.

XRP RSI Rebound Signals Possible Bottoming Phase

XRP’s weekly RSI has moved into one of its deepest oversold zones on record. The chart marks similar readings near major lows in 2014, 2015, 2018, 2020, and 2022.

In each case, XRP was close to a broader bottoming phase rather than a fresh upside breakout. This pattern places current price action in a zone that has historically appeared near the end of extended weakness.

XRP price often saw a final liquidity sweep, then a period of sideways accumulation, and later a gradual reversal. That structure suggests the rebound phase can develop in stages instead of one sharp move.

The post XRP News: Ripple Plans BC Payments Deal to Expand Payments in Australia appeared first on The Market Periodical.