The Uncertain Future of XRP and Ripple: Insights from JC Collins
Key Points:
– Project Mariana, a BIS initiative, excludes XRP and Ripple from its documentation, raising questions about their future.
– The adaptability of the ERC-20 standard and the rapid evolution of technology might overshadow XRP’s role in the global financial system.
– Ripple’s partnerships and favorable outcome in the SEC lawsuit have not resulted in the expected increase in value.
– The success or failure of Project Mariana will shape the evolution of the cryptocurrency space.
– The geopolitical shift away from USD hegemony and the rise of CBDC initiatives add complexity to the situation.
Hot Take:
The exclusion of XRP and Ripple from Project Mariana raises concerns about their future relevance. While the adaptability of the ERC-20 standard poses challenges for Ripple, the cryptocurrency industry is constantly evolving. The geopolitical landscape and the success of CBDC initiatives will also play a significant role in shaping XRP’s future. Overall, the future of Ripple and XRP remains uncertain, but they continue to be part of an ever-changing conversation in the crypto world.
By
By
By
By
By