Ripple officially announced on Tuesday its plan to acquire BC Payments to obtain an Australian Financial Services License (AFSL). If approved, this license will allow Ripple to directly integrate its payment infrastructure into the Australian regulatory system, enabling it to manage the entire lifecycle of cross-border transactions under a single integration, including compliance review, foreign exchange, and final settlement. Fiona Murray, Managing Director of Ripple Asia Pacific, stated that Australia is a core market for Ripple, and this license will significantly enhance its scalability. Data shows that Ripple's payment volume in the Asia Pacific region has nearly doubled by 2025, and it has already partnered with several local institutions, including the Independent Reserve. Industry analysts believe this move could serve as a template for crypto technology entering the mainstream financial system, especially in high-friction areas such as cross-border settlements. Furthermore, Ripple CEO Brad Garlinghouse recently stated his strong belief that trillion-dollar crypto companies will emerge in the future. (Decrypt)