XRP supporters: XRP will become the world's major bridge currency

XRP supporters: XRP will become the world's major bridge currency

According to Zycrypto's April 27 news, XRP enthusiasts believe that XRP will become a bridge between the traditional financial and cryptocurrency worlds. Ripple supporters believe that XRP provides something that other cryptocurrencies do not have. They believe that the speed and mobility of XRP make it the perfect asset to connect to the global currency. Santiago Velez showed on Twitter what he thinks XRP will be the world's main bridge currency. He first predicted that XRP might not be used: the Fed would not use it, the IMF would not use it, the World Bank would not use it, and the average consumer would probably not (directly) use or hold it in large quantities. No central bank will use it, and they should not use it. He went on to explain that XRP may be the key to creating a representative of all human assets liquidity. Some netizens believe that XRP will be ubiquitous in the future and used for the daily consumption of ordinary consumers. Most XRP enthusiasts still believe that accepting XRP in a free market environment will push up its value. Twitter user FinTechInnovator said that if these organizations use XRP as a bridge, it also means they can accept XRP itself as a currency. This alone has had a huge impact on the adoption of digital assets, especially XRP. I believe that this is the real price driver.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Depth | Block rewards are about to be halved, is BTC still safe? (on)

Author: Hasu, James Prestwich, Brandon Curtis Translation: Harry Zhang Source: Encrypted Valley If an application or ...

Blockchain

To achieve a 10,000-fold expansion of Bitcoin, what is the new agreement Prism created by MIT and Stanford?

Note: This article is a record of Stanford Blockchain Week's speech. It is a speech by Lei Yang from MIT, entitl...

Blockchain

Programmer Xiao Ge told: What is the experience of all the wages only bitcoin?

Bitcoin is the first and most well-known cryptocurrency to date, designed to allow people to operate independently of...

Blockchain

The bitcoin demand curve has been “significantly rising”: 2.2 times a year

According to a report by Bitcoinlist on November 12, there is data showing that the overall demand for Bitcoin has be...

Blockchain

The Secret History of Bitcoin: The Story Behind the Bitcoin Logo?

Source: Hash Pie Author: LucyCheng The huge B plus two vertical lines, orange and white color, flat, with a bit of de...

Market

Getting Started with Blockchain | Why Does Bitcoin Blockchain Need SegWit?

Author: Nikolai Kuznetsov Compilation: Quantitative Kick Horse SegWit, also known as Segregated Witness, is a name fo...