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The Hong Kong Institute of Monetary Research (HKIMR) officially published research endorsing Ripple's cross-border payment infrastructure. Significance: The HKIMR recognized the efficiency of Ripple's ledger architecture in facilitating real-world asset (RWA) tokenization and clearing. This represents an important milestone, validating Ripple's expansion into Eastern clearing hubs and reinforcing the ledger's role as a neutral, global Layer-6 clearing mechanism.

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