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MainNewsTrump’s Cryp...

Trump’s Crypto Reserve to Make XRP the Next Big Winner as XRP Eyes $1000 on SWIFT Replacement Theory


by Newton Gitonga
for ZyCrypto

How Ripple's RLUSD Stablecoin Could Drive Crazy Demand For XRP Amid Push Into $230 Billion Payments Market

Patrick Bet-David, CEO of Valuetainment and host of the PBD Podcast, has made a bold prediction regarding XRP, suggesting that a recent development could trigger a significant price surge.

In a video, Bet-David analyzed a key event that might shape the future of XRP and the broader cryptocurrency market, urging investors to “pay attention” to what could be unfolding.

Notably, the catalyst for Bet-David’s discussion was President Donald Trump’s March 2 announcement of his intention to establish a U.S. crypto strategic reserve, akin to Fort Knox for gold. Notably, Trump’s post listed XRP first among cryptocurrencies, ahead of Bitcoin and Ethereum. 

Bet-David noted he found this prioritization surprising and speculated that it could signal growing institutional interest and potential regulatory clarity that may benefit XRP.

Bet-David further highlighted XRP’s potential to replace SWIFT, the global messaging network for interbank payments, which currently processes approximately $5 trillion in transactions daily, totaling $1.25 quadrillion annually. He suggested that if XRP were to capture even 5-10% of SWIFT’s volume, its price could rise dramatically.

Notably, analysts have speculated that such adoption could push XRP’s market cap to $10 trillion, potentially elevating its price to $100 per token. In a scenario where XRP fully replaces SWIFT, the token could theoretically reach $1,000.

Additionally, he pointed to XRP’s increasing institutional usage. Over 300 financial institutions, including Bank of America and American Express, have integrated RippleNet, signaling strong industry interest. Furthermore, Ripple’s partnerships with governments for central bank digital currency (CBDC) infrastructure add to its credibility.

Despite its potential, Bet-David acknowledged XRP’s challenges, particularly regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC). He mentioned Ripple’s seven-year-long legal battle with the SEC, noting that the lawsuit has slowed XRP’s adoption. However, he pointed out that with SEC Chair Gary Gensler’s potential departure in 2025, the case could be resolved, paving the way for institutional adoption.

“Who knows what’s going to be happening? When the president puts XRP at the top of the list in his Truth Social post, followed by a retweet mentioning Bitcoin and Ethereum, it makes you wonder, maybe something is about to happen,” Bet-David speculated.

Bet-David clarified that he is not an XRP maximalist, noting that his Bitcoin holdings far exceed his XRP stake. However, he predicted a significant surge for XRP in the near future.

“I would be paying attention,” he advised. “The next 3, 6, or 12 months could be game-changing for XRP.”

Read the article at ZyCrypto

Read More

Ripple files new letter supporting a joint motion for an indicative ruling

Ripple files new letter supporting a joint motion for an indicative ruling

There has been an update on the legal battle between Ripple and the US Securities and...
Important Update Regarding Franklin Templeton’s Ripple (XRP) ETF: Details

Important Update Regarding Franklin Templeton’s Ripple (XRP) ETF: Details

The US Securities and Exchange Commission is using all tricks up its sleeve before ma...
MainNewsTrump’s Cryp...

Trump’s Crypto Reserve to Make XRP the Next Big Winner as XRP Eyes $1000 on SWIFT Replacement Theory


by Newton Gitonga
for ZyCrypto

How Ripple's RLUSD Stablecoin Could Drive Crazy Demand For XRP Amid Push Into $230 Billion Payments Market

Patrick Bet-David, CEO of Valuetainment and host of the PBD Podcast, has made a bold prediction regarding XRP, suggesting that a recent development could trigger a significant price surge.

In a video, Bet-David analyzed a key event that might shape the future of XRP and the broader cryptocurrency market, urging investors to “pay attention” to what could be unfolding.

Notably, the catalyst for Bet-David’s discussion was President Donald Trump’s March 2 announcement of his intention to establish a U.S. crypto strategic reserve, akin to Fort Knox for gold. Notably, Trump’s post listed XRP first among cryptocurrencies, ahead of Bitcoin and Ethereum. 

Bet-David noted he found this prioritization surprising and speculated that it could signal growing institutional interest and potential regulatory clarity that may benefit XRP.

Bet-David further highlighted XRP’s potential to replace SWIFT, the global messaging network for interbank payments, which currently processes approximately $5 trillion in transactions daily, totaling $1.25 quadrillion annually. He suggested that if XRP were to capture even 5-10% of SWIFT’s volume, its price could rise dramatically.

Notably, analysts have speculated that such adoption could push XRP’s market cap to $10 trillion, potentially elevating its price to $100 per token. In a scenario where XRP fully replaces SWIFT, the token could theoretically reach $1,000.

Additionally, he pointed to XRP’s increasing institutional usage. Over 300 financial institutions, including Bank of America and American Express, have integrated RippleNet, signaling strong industry interest. Furthermore, Ripple’s partnerships with governments for central bank digital currency (CBDC) infrastructure add to its credibility.

Despite its potential, Bet-David acknowledged XRP’s challenges, particularly regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC). He mentioned Ripple’s seven-year-long legal battle with the SEC, noting that the lawsuit has slowed XRP’s adoption. However, he pointed out that with SEC Chair Gary Gensler’s potential departure in 2025, the case could be resolved, paving the way for institutional adoption.

“Who knows what’s going to be happening? When the president puts XRP at the top of the list in his Truth Social post, followed by a retweet mentioning Bitcoin and Ethereum, it makes you wonder, maybe something is about to happen,” Bet-David speculated.

Bet-David clarified that he is not an XRP maximalist, noting that his Bitcoin holdings far exceed his XRP stake. However, he predicted a significant surge for XRP in the near future.

“I would be paying attention,” he advised. “The next 3, 6, or 12 months could be game-changing for XRP.”

Read the article at ZyCrypto

Read More

Ripple files new letter supporting a joint motion for an indicative ruling

Ripple files new letter supporting a joint motion for an indicative ruling

There has been an update on the legal battle between Ripple and the US Securities and...
Important Update Regarding Franklin Templeton’s Ripple (XRP) ETF: Details

Important Update Regarding Franklin Templeton’s Ripple (XRP) ETF: Details

The US Securities and Exchange Commission is using all tricks up its sleeve before ma...