If you think this is just about a stablecoin -- you're missing the scale of this opportunity by over 1,000x.
Here is the actual strategy that Ripple is pursuing and the impact it will have on $XRP:
$RLUSD daily volumes are already exceeding $300 million dollars.
Additionally, dozens of teams are working with $OMNI to integrate $RLUSD into their products.
While this is all exciting, it is just the tip of the iceberg:
This week Ondo Finance announced that they are launching tokenized treasury bills on the $XRP Ledger.
If you've been following me, you may have seen this coming.
Now we’re starting to see the next stage of Ripple's actual strategy:
Step 1: prove out tokenization technology by launching $RLUSD.
Step 2: begin expanding with low risk tokenized assets like treasury bills (low trillions).
Step 3: tokenize debt and equities (tens of trillions).
Step 4+: tokenize derivatives and beyond (hundreds of trillions).
Ripple is going to bring trillions from traditional finance onto $XRP.
$OMNI is going to expand those trillions across the rest of the onchain financial system.
This will cement $XRP at the center of the entire onchain economy.
What does getting to trillions look like?
A flywheel effect will take place:
1. $XRP will tokenize more assets.
2. $OMNI will expand those assets across the onchain economy -- incentivizing more institutions to tokenize assets on $XRP.
This is the 1,000x opportunity -- and it's going to happen sooner than you expect.
