The CEO of Teucrium revealed Ripple's ambitious plan that goes beyond being just a digital payment system. The company holds $40 billion in XRP on its balance sheet, and there is a strong possibility of obtaining a banking license soon, which opens up great prospects for it in the global financial sector.
Estimates suggest that if the price of XRP exceeds the $3 range, Ripple will become one of the top 20 banks globally. If the price surpasses $6, Ripple will top the list of the best 10 banks worldwide.
This development reflects that Ripple is not only focusing on digital payments but is also seeking to build a large-scale banking power that could make it a key player in the global financial system in the near future.
