10 hour ago
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Expert Claims XRP Critics Misunderstand Ripple’s Long-Term Strategy
Will Taylor, founder of CryptoInsightUK, counters criticism of Ripple’s XRP sales strategy. Critics argue that Ripple sells XRP to acquire traditional assets. Taylor suggests this view misunderstands Ripple's approach.
- Taylor claims Ripple's token sales fund infrastructure and integrations, enhancing XRP's long-term utility and value rather than converting it to traditional assets.
- He argues against treating XRP as operating cash, emphasizing its potential strategic value.
- Ripple's acquisitions and integrations are seen as efforts to increase XRP's viability as a global settlement instrument, not as a move away from XRP.
- Traditional assets are used to enhance distribution, compliance, and liquidity, supporting XRP's role as a bridge asset.
- The strategy positions XRP at the core, building payment and liquidity solutions around it, encouraging institutional adoption.
- Short-term monetization is viewed as capital deployment for long-term network effects, not dilution.
- The goal is to make XRP essential, using off-chain assets to bolster its settlement tool functionality.
At press time, XRP traded at $1.8773.
