Ripple and Brinc Launch XRP Ledger Innovation Program in Hong Kong

TLDR

• Brinc and Ripple opened HFIP applications on June 8, 2026.
• The Hong Kong program targets startups from pre-seed to Series A.
• HFIP focuses on payments, settlement networks and stablecoin infrastructure.
• Selected startups can apply for non-dilutive grant funding.
• Ripple also joined Water.org’s Get Blue campaign as a payments partner.

Brinc, a Hong Kong-based venture capital and accelerator firm, has launched a new XRP Ledger-focused innovation program in partnership with Ripple as both companies seek to support financial technology startups across Hong Kong and Asia.

Applications for the Hong Kong Financial Innovation Program opened on June 8, 2026. The program is designed for early-stage companies building payment systems, settlement networks, stablecoin infrastructure, cross-border transaction tools, and other financial technology products.

The initiative uses the XRP Ledger as its core blockchain infrastructure. The program targets startups from pre-seed to Series A stages and will provide selected founders with mentorship, access to institutional partners, and the option to apply for non-dilutive grant funding.

Brinc and Ripple Target Asia Payments Startups

The Hong Kong Financial Innovation Program brings together Brinc’s accelerator experience and Ripple’s XRPL ecosystem support. The program is aimed at startups working on practical financial infrastructure for businesses and institutions in Asia.

Selected companies will receive support from operators, investors, global corporations, and institutional partners. The accelerator is also expected to help founders test business models, develop blockchain-based products, and build relationships with potential customers and investors.

Non-dilutive grant funding is one of the program’s key features. This type of funding allows startups to receive capital without giving up equity, which may be useful for early-stage teams still developing products or seeking market validation.

Brinc described the program as focused on the future of finance in Asia. The initiative builds on XRPL’s ability to support fast and low-cost transactions, particularly in use cases tied to payments and settlement.

Brinc has previously worked on Web3 and payments-focused programs in Hong Kong. In 2025, the firm launched a Web3 accelerator with Octopus, XDC Network, and IDA, focusing on payment and loyalty solutions.

Ripple Expands XRPL and RLUSD Use Cases

The Hong Kong program adds to Ripple’s broader efforts to support businesses and developers using the XRP Ledger. Ripple already backs ecosystem development through XRPL Grants and the XRPL Accelerator.

Ripple has also worked with Tenity in Singapore and the Dubai International Financial Centre on accelerator initiatives. The company continues to support regional funds in Japan and South Korea while working with financial institutions on pilot projects.

The company is also expanding the use of its U.S. dollar-backed RLUSD stablecoin through a partnership with Water.org. Ripple has joined Water.org’s Get Blue campaign as the exclusive digital asset and payments partner.

Water.org, co-founded by Matt Damon and Gary White, provides small loans to help families access water and sanitation systems. The organization says more than two billion people lack safe water at home.

Through the arrangement, Water.org will use RLUSD to move funds to microfinance partners in emerging markets. Those partners provide financing for household water pipes, pumps, toilets, and related infrastructure. Ripple said its payments technology can help reduce costs and shorten transfer times across markets.

XRP Market Data Shows Lower Binance Inflows

The XRPL program also launches as traders continue watching XRP on-chain activity. Data cited by market analyst PelinayPA showed that large XRP transfers into Binance, especially transactions above 1 million XRP, have declined after a 2025 peak.

Between 2021 and 2025, 1 million-plus XRP inflows remained high, showing active movement from whale and institutional-scale wallets to Binance. Those inflows have since decreased while XRP has pulled back from the $3 region.

The decline suggests that large-holder selling pressure may be lower than during earlier periods of market stress. Historically, sharp increases in the 100,000 to 1 million XRP and 1 million-plus XRP inflow groups have appeared before major price downturns.

Source: Cryptoquant

At present, the cited data does not show an unusual surge in large XRP inflows to Binance. The recent XRP decline has instead been linked to leverage liquidations and broader market weakness.

The analyst said that if Binance inflows remain subdued, available selling supply could continue to fall. With stronger demand, XRP could revisit the $1.80 to $2.00 range. That outlook depends on whether large exchange inflows remain limited and whether market demand improves

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