/biz/ - Business & Finance

>>53083503
1) It's not a settlement token, it's a bridge asset. The CBDCs are the settlement token.

>>53083519
>so $1 by 2025
>>53083539
>Yes, it's funny because the $35,000 meme actually comes out to $2.

You both seem to have a misunderstanding. The value of XRP is a direct function of the total value of assets being traded on the network.
There's 3 things that occur whenever anything is bought or sold

Transaction > Payment > Settlement

Your estimates are only taking consumer transactions into account. I doubt you'd even use XRP for transactions as its 100% suited towards payments and settlements. XRPL wraps payments and settlements into the same step. Instead of having all 3 steps be 3-5 business days apart from each other. For payments to be handled on the XRPL you'd need the payment assets to be issued on the ledger. That includes collateralized property and nostro/vostro accounts.(27 TRILLION there alone).
For settlements to be handled on the XRPL then you'd need to issue DEBT to the ledger. Think about that one moment. The world's debt tokenized (USA is 235 trillion+)

You have no IDEA what is coming.