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In December 2025, the Securities and Exchange Commission filed a lawsuit action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 Goldman Sachs, Wells Fargo, and HSBC recently classified XRP as a “Digital Currency,” according to reports. Ripple can call this a victory in its lawsuit with the SEC. According to Wells Fargo’s 2025 financial report dubbed Digital Assets – A World of Possibility, the company described XRP as a digital currency, suggesting that the As reported by U.Today, Ripple was identified as an opportunity in payments, alongside Circle, a peer-to-peer payment technology, and Coinbase, in a report by Goldman Sachs, Wells Fargo, and HSBC recently classified XRP as a “Digital Currency,” according to reports. Ripple can call this a victory in its lawsuit with the In December 2025, the Securities and Exchange Commission filed a lawsuit action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 billion through an

XRP Classified as Digital Currency: A Win for Ripple Amidst SEC Lawsuit?

Recent reports indicate that major financial institutions like Goldman Sachs, Wells Fargo, and HSBC have classified XRP as a “Digital Currency.” This development comes at a pivotal time for Ripple Labs, which is currently embroiled in a legal battle with the SEC. Is this classification a victory in the ongoing lawsuit?

In December 2025, the Securities and Exchange Commission filed a lawsuit action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 billion through an unregistered securities offering. This lawsuit has cast a shadow over XRP and its potential for wider adoption.

Wells Fargo\'s 2025 Report: XRP as a Digital Asset

According to Wells Fargo’s 2025 financial report, "Digital Assets – A World of Possibility," the company specifically described XRP as a digital currency. This acknowledgment by a major player like Wells Fargo could significantly influence the perception and adoption of XRP within the financial industry.

Goldman Sachs Identifies Ripple as a Payments Opportunity

As reported by U.Today, Ripple was identified as an opportunity in payments, alongside companies like Circle and Coinbase, in a report by Goldman Sachs. This recognition highlights Ripple\'s potential to disrupt the traditional payments landscape and further legitimizes XRP\'s role in that ecosystem.

The Significance of the Classification

The fact that Goldman Sachs, Wells Fargo, and HSBC recently classified XRP as a “Digital Currency,” according to reports, could be interpreted as a positive sign for Ripple. It suggests that despite the ongoing legal challenges, these institutions recognize the inherent value and utility of XRP as a digital currency. Ripple can call this a victory in its lawsuit with the SEC.

However, the legal battle is far from over. It remains to be seen how the courts will ultimately rule on the SEC\'s allegations. But with major financial institutions acknowledging XRP as a digital currency, Ripple has gained a valuable argument in its defense. The In December 2025, the Securities and Exchange Commission filed a lawsuit action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 billion, an issue still needs to be resolved.

Stay tuned for further updates on the Ripple vs. SEC lawsuit and the evolving landscape of digital currencies.

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