"Ripple's treasury platform processed $13 trillion in payments last year, all through traditional banking systems that take three to five days to settle, with zero percent utilizing crypto."
"Garlinghouse pointed out that if even a small fraction of the $13 trillion migrates to blockchain, the amount flowing through crypto infrastructure would surpass anything the market has seen."
"A Ripple survey revealed that 74% of financial leaders believe stablecoins are key tools for improving cash-flow efficiency, indicating a strong corporate demand for faster settlement solutions."
Ripple has achieved a $50 billion valuation and processed $13 trillion in payments through its treasury platform. CEO Brad Garlinghouse emphasized the untapped potential of this amount, noting that none of it utilized crypto. Ripple's acquisition of GTreasury aims to enhance cash flow management for Fortune 500 companies. Garlinghouse indicated that corporate demand for faster settlements is rising, with a survey showing 74% of financial leaders view stablecoins as essential for cash-flow efficiency. The shift to blockchain could significantly increase crypto's market impact.
Read at 24/7 Wall St.
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