Recent remarks by Ripple's CTO David Schwartz have reignited discussions around XRP's role in global finance, highlighting its potential as a high-value settlement system.
Institutional Momentum: Q3 2024 Markets Report
Schwartz's comments align with the Q3 2024 Markets Report, which underscores growing institutional interest in XRP. Companies like Bitwise Invest and 21Shares have filed for XRP-linked ETFs, while Grayscale Investments opens XRP Trust.
Amelie's Speculations and Interpretations
Crypto influencer Amelie shared her interpretation of Schwartz’s remarks on X, indicating a high valuation intention for XRP. Despite lacking evidence, her statement reflects the optimism of XRP supporters.
Ripple's Collaborations and Growth
Ripple continues expanding its network of partnerships with banks and payment providers, demonstrating XRP's capability as a bridge currency, solidifying its role for international settlements.
David Schwartz's comments highlight Ripple's ambition to enhance XRP's functionality as a transformative asset in the financial sector.
