Crypto Analyst Discusses Ripple/SWIFT Theory Predicting XRP Price Surge to $1,000
A recent discussion has emerged around the potential future value of XRP due to its possible integration with global banking systems. Crypto commentator Remi Relief suggests that XRP may reach a value of $1,000 if it succeeds in bridging fragmented bank-issued stablecoins.
Theories on Ripple and SWIFT Integration
- Remi Relief theorizes a dual-system approach involving both an updated SWIFT system using blockchain assets like XRP, XDC, HBAR, and Chainlink for faster transactions, and a new Ripple-based network developed with Thunes for more trusted cross-border payments.
- He posits that these systems would coexist initially but expects the Ripple-Thunes system to eventually dominate due to superior speed and cost-efficiency.
Institutional Stablecoin Race
- Analyst Paul Barron highlights major banks developing proprietary stablecoins, such as JPMorgan and Deutsche Bank, potentially leading to further global financial fragmentation.
- Barron believes this trend underscores XRP’s role as a bridge asset, capable of facilitating interoperability between diverse financial ecosystems.
Currently, XRP trades at $2.41, significantly below the speculated $1,000 mark.
