The XRP rate is at $ 2.24, but according to crypto-influencer John Squire that is just the beginning. In a post on X, he warns that many investors will wish for them to buy XRP in 2025. The reason? According to Squire, De Munt is on the eve of a revolution in cross -border payments.
XRP heavily undervalued?
“In five years, everyone will want them to buy XRP in 2025,” says Squire convinced. According to him, the current market capitalization of 130 billion dollars is a fraction of what the currency can be worth if it is used worldwide for international payments.
For comparison: the Swift network processes more than 45 million transactions daily with a total value of 5 trillion dollars. But such transfers usually take three to five days. XRP does that in seconds, without the intervention of banks or other intermediaries. Squire believes that even a small market share of this worldwide payment flow can greatly increase the value of XRP.
Ripple Enlarge footprint with RLUSD
The adoption of Ripple technology seems to be gaining momentum. For example, the new Stablecoin Rlusd recently received green light from both the American regulator and the authorities in Dubai. The currency may be officially used within the Dubai International Financial Center (DIFC).
With this double license, RLUSD joins a select group of stablecoins with international approval. The timing is striking: in 2024 the demand for Stablecoins in the United Arab Emirates increased by no less than 55 percent. Ripple is strategically responding to this with collaborations, including with Zand Bank and the Dubai Land Department.
Source: https://newsbit.nl/crypto-analist-over-vijf-jaar-zal-iedereen-willen-dat-ze-vandaag-xrp-hadden-gekocht/
