Expert Advocates for Higher XRP Valuation. Here’s Why

Financial educator and wealth mentor Linda Jones has stated that a substantial increase in XRP’s market value could bolster global financial stability. In a recent episode of her “Be Wealthy and Smart” podcast, Jones emphasized that Ripple’s acquisition of the brokerage firm Hidden Road signifies a pivotal development in the financial sector. Potential of XRP in Crisis Mitigation Jones highlighted that a higher valuation of XRP could provide Ripple with significant financial resources, enabling the company to act as a stabilizing force during economic downturns. She noted that, traditionally, the burden of financial crises often falls on taxpayers. With increased XRP value, Ripple could potentially alleviate some of this burden by offering alternative support mechanisms. Currently, Ripple holds approximately 41.64 billion XRP tokens. At a market price of $2.09 per token, this equates to over $83 billion in assets. Should XRP’s value rise to $100 per token, Ripple’s holdings would surpass $4.1 trillion. Jones suggests that such financial capacity could position Ripple to assist in mitigating future financial crises, reducing reliance on government interventions. Significance of Hidden Road Acquisition She further elaborated on the strategic importance of Ripple’s acquisition of Hidden Road, stating that the move allows Ripple to offer tokenized securities solutions outside the traditional banking framework. By integrating Hidden Road’s infrastructure with the XRP Ledger, Ripple aims to facilitate near-instantaneous trade settlements, contrasting with the multi-day delays common in the current system. This integration is expected to enhance transparency and reduce opportunities for fraudulent activities and excessive leverage, issues that have plagued traditional financial systems. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Lessons from the Archegos Capital Collapse Jones referenced the 2021 collapse of Archegos Capital Management as a case study in systemic financial vulnerabilities. The firm’s downfall, attributed to excessive leverage and lack of transparency, resulted in over $10 billion in losses for major banks. Jones contends that Ripple’s approach, emphasizing blockchain-verified transactions and real-time settlements, addresses many of the shortcomings exposed by the Archegos incident. Jones advocates for a reimagined financial infrastructure where entities like Ripple, empowered by a higher-valued XRP, play a proactive role in maintaining economic stability. She believes that such a model could offer a more sustainable alternative to traditional systems, potentially preventing future financial crises and reducing the burden on taxpayers. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Advocates for Higher XRP Valuation. Here’s Why appeared first on Times Tabloid .

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