"XRP (CRYPTO:XRP) is the cryptocurrency which powers one of the most impressive decentralized payment networks in the world. Via the XRP Ledger, XRP facilitates an incredible number of global transactions, with institutional parties increasingly looking at XRP as a top way to transfer value across borders and avoid the onerous percentage fees SWIFT and other networks set up by traditional banks charge, as well as the multi-day delays with payments being processed that have become commonplace."
"In order for XRP to surge, use of its core network and the XRP Ledger will need to boom. And in order for that to happen, Ripple (XRP's parent company) will need regulators to approve its use as a financial intermediary, something which came into question in late-2020 courtesy of an SEC lawsuit which infringed on this network's ability to survive."
XRP powers a decentralized payment network that facilitates large volumes of global transactions through the XRP Ledger. Institutional parties are increasingly considering XRP for cross-border value transfer to avoid high SWIFT fees and multi-day settlement delays imposed by traditional banks. The blockchain’s core value proposition includes enabling large entities to move substantial sums across borders more efficiently. XRP’s transaction model makes such transfers seamless. Market sentiment has been bearish recently, but catalysts exist that could lift the token in 2026. Regulatory clarity is necessary for broad institutional adoption. The SEC lawsuit in late 2020 challenged Ripple’s intermediary role, but the settlement reduced alleged penalties and left the company with capital to advance the network.
Read at 24/7 Wall St.
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