Reported 2 days ago
Ripple (XRP), utilizing blockchain technology for global payments, aims to rival SWIFT, which handles $150 trillion annually. Despite a recent market pullback, XRP has surged 397% in the last year, largely due to favorable cryptocurrency regulations and ongoing litigation resolutions. Ripple CEO Brad Garlinghouse envisions XRP capturing 14% of SWIFT's market, which could potentially lead to significant growth and increased usage of XRP in cross-border transactions. While reaching 10x returns would be challenging, XRP remains an attractive option for cryptocurrency investors.
Source: YAHOO