Analyst Crypto Eri discussed the evolution of Ripple's strategy, emphasizing the need for patience from XRP investors.
Crypto Eri's Position: Ripple's Long-Term Strategy
Crypto Eri claims Ripple is a 'long-game player', indicating that short-term market fluctuations are not the company's goal. It focuses on building infrastructure including regulatory compliance and integrating smart contracts on XRP Ledger.
The Role of RLUSD and Banking License
Eri also raises the topic of Ripple's current application for a national banking license, which may grant access to a Federal Reserve master account. This could make RLUSD a more reliable stablecoin, addressing regulators' demands for cryptocurrencies.
Ripple's Potential and the Need for Patience
While the advantages Ripple could gain from its current strategy sound promising, the timelines for all changes remain unclear. Eri emphasizes that patience will be crucial for investors awaiting positive outcomes.
Thus, Ripple continues to implement its strategy focused on long-term development. Investors should remember the importance of patience in the fast-changing world of digital assets.
