By Qamar Zaman | Coffee With Q News
9-Second Elevator Pitch
“U.S. Digital Asset Policy has some golden nuggets that give me a reason to believe XRP has upward potential. Does that mean it’s heading toward a $10,000 coin? Let’s find out.”
A Look at Ripple’s XRP in Global Payments
Ripple and its native cryptocurrency, XRP, have been at the center of discussions in both financial and cryptocurrency sectors due to their potential to revolutionize cross-border transactions.
With U.S. policymakers discussing stablecoins and digital asset frameworks, the future of XRP and its role in banking is becoming clearer. Could Ripple’s technology and recent developments position XRP for mainstream banking adoption—and even a $10K valuation?
Let’s separate speculation from reality and analyze Ripple’s adoption, regulatory landscape, and XRP’s role in payments.
What Is Ripple and How Does It Work?
Unlike Bitcoin and Ethereum, which focus on decentralization and peer-to-peer transactions, Ripple’s primary customers are banks and financial institutions.
Key Components of Ripple’s Ecosystem:
✅ RippleNet – A global payment network connecting banks and payment providers.
✅ XRP Ledger – A decentralized blockchain that records transactions.
✅ XRP – A digital asset used for instant liquidity in cross-border payments.
Ripple aims to replace SWIFT’s outdated system and provide faster, cheaper, and more transparent financial transactions.
Who Is Using Ripple? Adoption & Banking Partnerships
Ripple has partnered with major financial institutions worldwide, though not all are using XRP.
Key Collaborations:
🔹 American Express & Santander – Tested RippleNet for streamlining international transactions.¹
🔹 Bank of America – Conducted pilot testing of Ripple’s solutions.²
🔹 UBS, Cuallix, First Abu Dhabi Bank – Exploring Ripple-based solutions for faster payments.³
🔹 JPMorgan Chase – Despite rumors, there is no verified evidence that JPMorgan has fully adopted XRP.⁴
📌 Reality Check: RippleNet adoption is growing, but most banks are hesitant to integrate XRP due to regulatory uncertainty.
XRP’s Role in Cross-Border Payments & Banking
Ripple’s On-Demand Liquidity (ODL) service uses XRP to facilitate real-time settlement in global transactions.
🚀 ODL Benefits for Banks & Payment Providers:
✔️ Eliminates Nostro/Vostro accounts, reducing capital costs.
✔️ Faster transactions – Settles in seconds instead of days with SWIFT.
✔️ Lower fees – XRP-powered payments are cheaper than traditional intermediaries.
📌 The Catch? While ODL is available, many banks prefer using RippleNet without XRP due to U.S. regulatory concerns.
Ripple vs. SWIFT: Can XRP Replace the Global Standard?
| Feature | Ripple (ODL) | SWIFT |
| Transaction Speed | Seconds | 1-5 Days |
| Cost | Lower | Higher due to multiple intermediaries |
| Transparency | End-to-end tracking | Limited tracking |
| Liquidity | Uses XRP or fiat | Requires pre-funded accounts |
📌 While Ripple’s technology is faster and cheaper, SWIFT dominates due to decades of trust and infrastructure.
U.S. Digital Asset Policy & Banking: How XRP Fits In
The recent White House crypto press conference discussed stablecoins, regulatory clarity, and potential U.S. banking adoption of digital assets.
Key Insights from U.S. Policymakers on Crypto & Banking:
📌 David Sacks (Crypto & AI Czar) on Banking & Crypto:
“Financial assets are destined to become digital just like every analog industry has become digital. We want that value creation to happen in the United States rather than giving it away to other countries.”
📌 Senator French Hill on Stablecoins & U.S. Dollar Dominance:
“We are forming a working committee with the Senate Agriculture Committee to make progress on regulatory clarity for a stablecoin bill that will lend itself to advancing America as the reserve currency of the world.”
📌 David Sacks on XRP’s Role in Banking:
“Many founders have told me stories of being de-banked personally just because they had founded a crypto company. This approach was driving this important technology offshore, and that needs to change.”
What This Means for XRP
✔️ Banks are looking for digital asset adoption, but the U.S. needs clear regulations.
✔️ Stablecoins are gaining favor—but will XRP fall into the same category?
✔️ Regulatory clarity could unlock institutional adoption of XRP.
Will XRP Reach $10,000?
This is the million-dollar question (or, in this case, the $10K coin question).
🔹 Bullish Case: If XRP becomes a dominant player in global payments, its utility could skyrocket its value.
🔹 Bearish Case: Regulatory challenges & competition from CBDCs could limit XRP’s adoption.
📌 What Needs to Happen for XRP to Hit $10K?
✔️ Mass adoption by global banks for ODL.
✔️ U.S. regulatory approval giving financial institutions confidence.
✔️ XRP’s integration into sovereign wealth funds or central banks.
Could the U.S. Hold XRP in a National Reserve?
📌 David Sacks on Bitcoin Reserves & Digital Assets:
“One of the things that the president instructed us to do was to evaluate the idea for a Bitcoin reserve, and so that is one of the first things we’re going to look at as part of the internal working group in the administration.”
❓ If Bitcoin is being considered as a reserve asset, could XRP be next?
Qamar Zaman’s Takeaway
✅ RippleNet adoption is growing, but XRP adoption remains selective.
✅ Legal clarity is the biggest barrier to XRP’s long-term success.
✅ SWIFT still dominates, but Ripple offers a compelling alternative for faster, cheaper cross-border payments.
📌 Bottom Line: XRP has strong potential, but hitting $10K depends on regulatory approval and mass banking adoption.
🚨 This is NOT financial advice! Always do your own research before making investment decisions.
What’s Your Take? Let’s Discuss!
📢 Do you think XRP will replace SWIFT, or will regulatory issues slow its progress? Drop your thoughts in the comments!
About Qamar Zaman – (Crypto Q)
Qamar Zaman is a journalist at Coffee With Q, covering financial markets, digital assets, and blockchain trends. As the Founder of Coffee With Q, based in Grand Cayman, he helps businesses tell their stories through media and personal branding.
📌 For real-time updates, follow me on X → QamarZamanNews
Footnotes & Sources
¹ Santander and Ripple Partnership Announcement
² Bank of America’s Pilot Testing of Ripple
³ UBS, Cuallix, First Abu Dhabi Bank Using Ripple
⁴ Fact-checking JPMorgan’s XRP Adoption
⁵ SEC vs. Ripple Lawsuit Updates
⁶ Ripple’s Expansion in Dubai and Singapore