Ripple’s Acquisitions Position XRP for Trillions in Payment Flows
Ripple's strategic acquisitions are positioning it for significant involvement in global payment and liquidity systems, overshadowing recent news of Western Union choosing Solana for a USDPT rollout.
- Western Union's deal could drive over $100 billion annually to Solana, but Ripple is focusing on larger financial ecosystems through acquisitions.
- Ripple has acquired companies like Hidden Road, which clears about $3 trillion annually, and GTreasury, moving trillions in payments across 160+ countries.
- Ownership of these firms provides Ripple with more substantial access compared to temporary partnerships.
Market Reactions and Criticism
- Questions arise around XRP's current relevance after Western Union chose Solana, despite years of testing the XRP Ledger.
- Supporters argue Ripple's acquisitions enable XRP as a settlement layer for large institutional flows.
Future Outlook
- Debate continues on whether deals like Western Union's reflect market trends or if Ripple's acquisitions will lead to increased use of the XRP Ledger.
- Significant figures, such as $3 trillion in annual clearances, support Ripple’s potential impact, though actual adoption by institutions remains complex and gradual.
The focus is on whether Ripple's strategy will translate into tangible settlement volume for XRP, against the backdrop of broader market preferences.