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⛓️ Crypto🟢 BullishImportance 6/10

XRP Was Never Designed To Be Dirt Cheap — JoelKatz Explains The Real Vision

NewsBTC|Godspower Owie|
XRP Was Never Designed To Be Dirt Cheap — JoelKatz Explains The Real Vision
Image via NewsBTC
🤖AI Summary

David Schwartz clarifies that XRP was never designed to remain cheap, explaining that higher XRP prices improve payment efficiency by reducing tokens needed for large transactions. Major partnerships and ecosystem developments around XRPL are emerging, with RealFi and REAL Token launching initiatives to expand global adoption.

Key Takeaways
  • David Schwartz clarified his 2017 statement that XRP 'can't be dirt cheap' referred to payment efficiency, not investor gains.
  • Higher XRP prices reduce friction and slippage in large-scale cross-border payments by requiring fewer tokens per transaction.
  • SBI Holdings CEO Yoshitaka Kitao reportedly expressed strong confidence in XRP's future as adoption grows.
  • RealFi plans to unveil a major partnership in less than 10 days to expand XRPL globally using REAL Token.
  • BlackRock CEO Larry Fink suggested the industry may be underestimating the speed of financial asset tokenization.
Mentioned Tokens
$XRP$1.32-1.8%
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