Ripple Positioned to Rival JPMorgan and SWIFT with XRP Expansion

Sal Gilbertie, CEO of Teucrium Trading, endorses Ripple and XRP, viewing the company as a potential competitor to traditional banking giants like JPMorgan Chase and SWIFT. He suggests that Ripple's acquisition of a banking license could enable it to rival these institutions effectively.

Key Points

Ripple is building a financial institution capable of competing with traditional banks.
The company aims to become a faster, more efficient alternative for cross-border payments than SWIFT.
Ripple is pursuing a US national banking charter from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
Gilbertie emphasizes that XRP is a strategic asset designed to appreciate in value within the XRPL ecosystem.
His endorsement highlights Ripple's disciplined, coordinated operations and its pivotal role in reshaping global banking.

This endorsement aligns with the upcoming full enforcement of ISO 20022 standards and rising XRP ETF inflows, suggesting potential substantial growth for XRP as institutional and infrastructure alignment progresses.