A recent video featuring Miguel Vias, former Head of XRP Markets at Ripple, has reignited focus on XRP’s foundational role in transforming international payments. Vias explained how the XRP Ledger (XRPL) was purpose-built to handle high-volume financial transactions.
The Technology Behind the Vision
Vias emphasized that the XRPL is a payment-focused ledger designed to support global financial infrastructure needs. He pointed out its capability to handle up to 50,000 transactions per second, making it an effective solution for international transfers.
Proven Use Cases Remain Relevant
Reflecting on Ripple’s earlier projects, Vias mentioned Ripple Trade and Ripple Payments Platform as early applications of digital assets. Despite their discontinuation, the core use cases remain significant today.
The Role of XRPL in Ripple's Strategy
Vias confirmed that the XRPL remains central to Ripple's strategy, highlighting its importance in the company's future plans.
According to Vias, XRP and the XRPL continue to be the optimal choice for facilitating international transactions in the future, advancing their role in the digital economy.
