Will the XRP Stablecoin skyrocket XRP's Price?
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- čas přidán 25. 07. 2024
- Can the XRP Stablecoin impact the XRP Price in a positive way. This news from Ripple is pumping the XRP price, but is it sustainable? The XRP blockchain has been known for its long standing enterprise solutions for large financial institutions to do cross boarder transactions. Will the XRP stablecoin be able to push this chain further?
The Ripple blockchain will host the stablecoin on the XRPL, but the stable will also be native to the Ethereum blockchain. This seems like a good move to obtain liquidity but only time will tell. Do you think this is good for the XRPL?
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so far so good good luck on ypur channell MOFO approved!
Thanks!
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Going to work well in the AMM 🎉
Should help liquidity and more usage yes
@@dawsonallen Thanks 🙏🏽
It might rocket up to 65 cents 😂😂
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A HaHaHa 🤣 Crap 💩 Coin XRP….
Its long been known that Tether has major problems and may tank. Ripple clearly is positioning itself to be the heir.
Could be
Well, it’s good that you’re not no longer in this CZcams listeners list
Dawson:
XRP is not for retail.
Ripple does not care if the little guy holds XRP.
XRP will be bought by all central/International banks to move quadrillions in money/value across all assets/corridors.
I agree not primarily for retail today
Can't be dirt cheap.
@@dawsonallen I Totally agree. Those of us that have purchased it we are lucky. Since it is not for us, we are exceptional for owning it. We are very few. VERY small percentage. Luckily for us, we got in before it was too late.
stable coin itself will not get the price to a $100 or $300 or higher XRP. That will be done by the powerful utility of what the XRP was designed for. That takes a long time, like over 10 years. Now that the 10 years is almost up, we are very close. next year or 2 will put it at roughtly 12 to 13 years. Not to shabby :-)
That is a very long time for the asset to be around yes
I don't understand why XRP can't be the Stablecoin instead of creating a whole new one.
Well it’s not pegged to a liquid asset behind it like treasuries…the XRP is just minted without a backing asset so it would be hard to add a backing asset this late in the game
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@@dawsonallenXRP coin price will skyrocket! Absolutely no doubt about it! But not in the near future! Maybe in 3-4 years....
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