DXC Technology (NYSE: DXC), an enterprise technology and innovation partner, has announced a strategic partnership with Ripple to help banks adopt digital asset custody and payment capabilities at scale. The collaboration targets regulated financial institutions navigating rapid change in the financial sector.

Through this partnership, DXC and Ripple enable banks and fintechs to access blockchain infrastructure securely and seamlessly. The solution bridges legacy banking systems with onchain finance, allowing programmable payments, and the tokenization, custody, and transfer of digital assets. Institutions can now deploy regulated digital asset use cases without disrupting core banking systems.

The initiative leverages DXC’s Hogan core banking platform, which manages more than 300 million deposit accounts and over $5 trillion in deposits globally. Ripple’s digital asset custody and payments technology is integrated into this platform, providing Hogan clients a streamlined path to deliver digital asset services.

Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC, said that secure custody and seamless payment capabilities are critical for digital assets to reach the financial mainstream. The partnership allows banks to connect traditional accounts, wallets, and decentralized platforms without altering core systems.

By linking regulated banking infrastructure with digital asset platforms, the collaboration moves institutions beyond experimentation to real-world blockchain deployments. Fintechs also gain simplified access to banking relationships for compliant custody and payment solutions.

Joanie Xie, VP and Managing Director, North America at Ripple, noted that banks face pressure to modernize while operating on complex infrastructure. The DXC-Ripple partnership embeds digital asset custody, RLUSD, and payments directly into trusted core banking environments, enabling secure, compliant use at enterprise scale.

The DXC–Ripple collaboration reinforces DXC Technology’s commitment to helping financial institutions modernize safely and innovate responsibly. It marks a significant step in enabling digital asset adoption across production banking environments worldwide.

Ripple Payments offers a licensed, end-to-end cross-border payment solution, while Ripple Custody allows banks and financial institutions to securely manage digital assets, stablecoins, or Real World Assets (RWAs).

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