Pundit to XRP, XLM, and HBAR Holders: Watch This Deloitte Interview on Fintech TV

Financial institutions could move closer to operating tokenized assets, stablecoins, and settlement systems around the clock as banks transition from blockchain experiments to production infrastructure.

Crypto commentator X Finance Bull pointed to a Deloitte interview with Roy Ben-Hur, who described large U.S. banks moving toward full-scale blockchain capabilities after years of testing and pilot programs.

X Finance Bull said this transition could create a more relevant environment for XRP, XLM and HBAR. He described the three assets as utility-focused cryptocurrencies that have spent years developing infrastructure for financial applications. He connected their potential use cases to 24/7, year-round markets, tokenized deposits, stablecoins, repo markets and collateral optimization.

Ben-Hur said institutions now face the risk of moving too slowly as financial markets adopt these technologies. X Finance Bull emphasized that point and contrasted the current institutional environment with earlier periods when banks primarily tested blockchain through pilots and proof-of-concept projects.

XRP Connects to Tokenized Securities

X Finance Bull pointed to Brazil’s CSD BR as an example of the XRP Ledger entering a live financial environment. He cited the September 29 integration of more than BRL 22 trillion in registered assets, adding that CSD BR connected the public XRP Ledger to BTG Pactual investment-fund shares as an additional record and audit layer.

He emphasized that the integration allows existing regulated infrastructure to remain in place while the XRP Ledger supports additional functions. He identified transparency, asset mobility, settlement and programmability as potential areas where blockchain infrastructure could support traditional financial systems.

X Finance Bull also highlighted RLUSD and USDC as digital cash that can operate natively on the XRP Ledger alongside tokenized financial assets. He explained that this combination could create liquidity routes between different forms of digital value.

He placed particular importance on demand for institutional liquidity. In his view, professional market makers could maintain XRP inventory if financial markets increasingly use XRP to facilitate transactions between tokenized assets and digital currencies.

Stellar Expands Its Institutional Connections

X Finance Bull then turned to Stellar and its connection with U.S. securities infrastructure. He cited the Depository Trust Company’s plans to connect its Tokenization Service with the Stellar public blockchain, with tokenized DTC assets expected to reach the network during the first half of 2027.

He also referenced Franklin Templeton’s BENJI fund and Stellar’s wider network activity. X Finance Bull cited tokenized real-world assets, stablecoin payment volumes and institutional participants as evidence of financial activity already taking place across the ecosystem.

He said XLM supports Stellar through transaction fees, reserve requirements and payment routing. In his view, increased institutional use of Stellar could therefore increase economic activity taking place through the network.

Hedera Targets Institutional Collateral

For HBAR, X Finance Bull focused on collateral optimization. He cited work involving Lloyds Banking Group, Aberdeen Investments and Archax, where participants used tokenized money-market-fund units and tokenized UK government gilts as collateral for FX transactions.

X Finance Bull said that collateral use gives tokenized assets a direct role in financial markets. He also referenced Archax’s tokenized-asset environment, KAIO’s institutional fund infrastructure and Hedera’s participation in Project Acacia.

He said these developments show how financial institutions can use blockchain infrastructure for tokenized securities, stablecoin settlement, collateral management and programmable payments.

Utility Remains the Central Theme

X Finance Bull connected each network to a different part of the developing digital financial system. He linked XRP to liquidity between digital assets and currencies, XLM to regulated asset distribution and payments, and HBAR to institutional tokenization and collateral.

He explained that institutional adoption could drive demand for utility tokens without requiring widespread retail participation. Instead, he focused on financial institutions that need networks, digital cash, settlement systems, collateral, interoperability, and liquidity.

X Finance Bull concluded that Deloitte’s assessment makes it increasingly important to monitor real-world network usage.