XRP Ledger Could Unlock $196 Trillion Market with RealFi Integration
The Central banks and institutions are exploring blockchain technology beyond the hype around cryptocurrencies. Ripple aims to enhance cross-border settlements and real-world assets, positioning XRP to potentially move trillions in value.
The Settlement Layer No One Saw Coming
- The XRP Ledger (XRPL) may unlock a $196 trillion market through RealFi and blockchain-powered finance.
- Teucrium CEO Sal Gilbertie asserts that XRP and Ripple will tokenize the financial system.
- XRP's role is evolving from simple transactions to a foundational tool for asset tokenization.
- Ripple's acquisition of a broker-dealer moves it closer to traditional financial market integration.
- This development is viewed as a key step toward merging traditional finance with DeFi.
XRP Moves Into Institutional Payment Rails
- Ripple CTO David Schwartz reports banks are integrating XRP for payments.
- Ripple Bank will utilize the XRP Ledger for all payments, using XRP as the core asset.
- Schwartz notes that while partnerships with banks appear promising, the internal processes are slow.
- Many banks engage for optics rather than genuine progress.
