Recently, Ripple CEO Brad Garlinghouse reshared a post outlining five key facts about the company and its tokens. The community reacted actively to these facts and questioned the future of XRP.
XRP's Role in Cross-Border Transfers
XRP has been used for international remittances for years and will continue to play this role in the future. This conclusion was made by Twitter user xrpl_Adam, emphasizing that the trend of XRP usage will not slow down.
Ripple's Ecosystem and Project Diversity
Ripple and its integrated XRP Ledger encompass many different components, such as DeFi and NFTs. The ecosystem is actively developing asset tokenization, confirmed by recent reports on market capitalization. The post highlights that XRP is more than just the company's activity.
Future of XRP and the Stablecoin RLUSD
Garlinghouse also noted that RLUSD, a stablecoin by Ripple, is aimed not at competing with traditional stablecoins but at collaborating with institutions. It has achieved a market capitalization of over $700 million in a short time. The text mentions pending applications for 15 ETFs on XRP currently under SEC review.
The work of Ripple and its tokens, such as XRP and RLUSD, shows significant progress in financial technologies, creating a foundation for further growth and global adoption.
