The Coca-Cola Company has launched a pilot program testing XRP for its global payment operations. This initiative aims to reduce costs and accelerate international money transfers.
The move follows SEC regulatory guidance classifying XRP as a utility token. Finance teams are evaluating XRP Ledger technology to potentially replace traditional banking networks for supplier payments.
The program covers operations across 200 countries. This shift aligns with a broader corporate trend toward blockchain-based cross-border transactions, supported by Bank of America reports of increased digital asset usage among corporate clients.