Ripple Aims to Move Part of $16 Trillion in Annual Flows Onto XRP Ledger
- —Pool is about $16 trillion a year: $13 trillion Treasury, $3–4 trillion Prime
- —Moving just 1% on-chain would equal $160 billion in annual activity
- —Garlinghouse said almost none of that activity has touched the ledger yet
- —Ripple revenue run rate is on track for $900 million this year vs $300 million last year
Why it matters: On-chain settlement could sharply boost XRP Ledger activity, but Ripple gave no timetable or breakdown of how much would require XRP itself.
Source: DailyCoin