An XRP analyst has outlined the dramatic changes that could happen for the cryptocurrency as Ripple positions itself to integrate with a massive $12.5 trillion payments ecosystem. In a detailed post on X, the analyst emphasized Ripple’s $1 billion acquisition of GTreasurywhich has since rebranded the crypto company as Ripple Treasury. This strategic acquisition now gives Ripple access to an extensive network of traditional banks and huge payment volume, which the expert believes could benefit the economy. XRP Ledger (XRPL) and in turn drive up the price of the cryptocurrency.
Ripple gains access to a $12.5 trillion market
Market analyst X Finance Bull has done that questioned what possible price changes and development milestones could occur if Ripple can tap into a $12.5 trillion payment pipeline. He explained that in his post on X the launch of Ripple Treasury Ripple now gives Ripple access to more than 13,000 member banks and more than 1,000 corporate customers, including Volvo, Subway and STIHL. Collectively, these customers process a combined annual payment volume of $12.5 trillion.
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Currently, zero percent of this massive payment flow goes through cryptocurrencies, a gap that represents a major opportunity for XRP, according to X Finance Bull. He also claimed that Ripple CEO Brad Garlinghouse had made the same point, noting that Ripple was specifically designed to bridge this gap.
Currently Ripple Treasury manages the company’s entire business workflowrelating to payments, cash forecasting, settlement, reconciliation, risk, liquidity and regulatory reporting. To make this work, X Finance Bull stated that ClearConnect, a proprietary API connectivity package launched by GTreasury in 2022, will serve as a bridge between Ripple Treasury and banks and ERP systems. And on the other hand, with XRPL, Ripple’s blockchain infrastructure.
This approach will ensure that payments and financial transactions can take place on the blockchain without companies having to change their existing systems. It also creates a multi-utility powerhouse under one ecosystem, comprising wallet storage, payments, custody, first class real estate agencyand compliance.
Supply limits and payment volume to drive XRP price growth
In its post, X Finance Bull noted that there are currently 769 million XRP tokens locked up Exchange Traded Funds (ETFs)which collectively manage $1.1 billion in assets across seven funds. He noted that this concentration significantly reduces the available supply of XRP, which could put upward pressure on the price.
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Meanwhile, the analyst stated that Ripple Treasury’s $12.5 trillion in annual payments could have a significant impact on prices if it were to go through XRPL. The analyst predicted that if just 1% of this volume were to flow through the XRP Ledger, it would generate approximately $125 billion in new annual transaction volume for the blockchain.
He noted that such volumes could have a dramatic impact demand for liquidity and the price behavior of XRP. Furthermore, X Finance Bull highlighted that given XRP’s strong infrastructure, the cryptocurrency’s current price below $1.4 is significantly underestimated. its potential in the real world.
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