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BULLISH 📈 : Ripple aims for trillion-dollar valuation with XRP at core
Ripple's XRP Community Day emphasized XRP as the core organizing principle of its business strategy. Key highlights include:
- CEO Brad Garlinghouse expressed confidence in Ripple's potential to become a trillion-dollar company, focusing on regulated rails, liquidity, and enterprise distribution.
- Garlinghouse predicted a 75% chance for the CLARITY Act to be signed by April, highlighting the importance of regulatory frameworks.
- Despite market volatility, XRP ETFs experienced positive inflows of $30M to $40M, indicating strong institutional interest.
- Ripple aims to maintain robust compliance to secure institutional flows, viewing regulation as a competitive advantage.
- Progress regarding a Fed Master Account was mentioned, with conditional OCC approval considered significant progress.
- XRP remains central to Ripple's purpose, guiding product strategy across payments, treasury, and custody solutions.
- Monica Long outlined plans to enhance licensed payment flows on XRPL DEX, introduce a lending protocol amendment, and increase custody demand as banks explore tokenization.
At the time of reporting, XRP traded at $1.38.
