Major audit firm PwC has formally recognized Ripple as "financial services infrastructure" in a recent report. This designation marks significant institutional validation for the blockchain network's role in the global payments ecosystem. The classification positions Ripple alongside traditional financial infrastructure providers, underlining its growing acceptance within the mainstream financial sector. Such recognition from a tier-one professional services firm reflects broader market acknowledgment of distributed ledger technology's utility in modernizing cross-border payment systems. The designation suggests Ripple's infrastructure has matured beyond speculative asset status, establishing itself as a foundational layer within the emerging financial services landscape.