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Has the hype around XRP faded?
Since the dispute with the SEC (U.S. Securities and Exchange Commission), XRP has made significant progress.
Now, XRP's situation has been clarified, and it is developing based on institutional narratives. Ripple is further expanding its ecosystem by launching the $RLUSD stablecoin.
Institutions may gain access through a spot ETF (exchange-traded fund) by early 2025 (pending SEC approval).
These factors highlight the potential for XRP's adoption, but there are also downsides.
Ripple still holds hundreds of billions of XRP, which could create inflationary pressure. This centralization raises questions: Will institutions trust such a heavily controlled asset?
Now, XRP's situation has been clarified, and it is developing based on institutional narratives. Ripple is further expanding its ecosystem by launching the $RLUSD stablecoin.
Institutions may gain access through a spot ETF (exchange-traded fund) by early 2025 (pending SEC approval).
These factors highlight the potential for XRP's adoption, but there are also downsides.
Ripple still holds hundreds of billions of XRP, which could create inflationary pressure. This centralization raises questions: Will institutions trust such a heavily controlled asset?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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