#AbuDhabiStablecoin at $500: What Would It Take?

Current price (as of 2024): ~$0.50–$0.70

Market cap at $500/XRP: Over $25 trillion (assuming circulating supply of ~50 billion XRP)

For comparison, Bitcoin’s peak market cap was around $1.3 trillion, and Apple Inc.’s is ~$3 trillion.

Bottom line: For XRP to reach $500, it would need to become the dominant global liquidity bridge for cross-border transactions, replacing major currencies and SWIFT systems—an extremely ambitious scenario.

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Abu Dhabi’s AE Coin: A Strategic Move

AE Coin is a dirham-backed stablecoin launched by Abu Dhabi.

It reflects the UAE’s aggressive push toward becoming a global crypto and fintech hub, aligning with its CBDC initiatives and pro-blockchain regulation.