Markets· ★★★· bearish·

Former Ripple Adviser: Banks Can Adopt XRP Ledger Without Driving XRP Demand

  • —Welfare: XRP is needed for fees (10 drops) and reserves starting at 1 XRP per account
  • —Banks can move stablecoins over XRPL without converting payments into XRP
  • —Ripple's DriveWealth integration settles in RLUSD rather than XRP
  • —Evernorth holds roughly 473 million XRP, an example of direct token demand
Why it matters: More XRPL integrations do not guarantee XRP price gains, as low fees mean high activity alone creates little buying pressure.
Source: Coinpaper