✨ URGENT XRP NEWS: $1 Billion Buyback & Digital Asset Treasury Incoming? ✨
Pundit buzz is growing around a major development that could fundamentally alter XRP's supply dynamics and institutional standing!
A recent claim by $XRP
XRP enthusiast Skipper, backed by prior reporting, suggests Ripple is spearheading a massive, strategic initiative:
* 💰 $1 Billion Buyback: A plan to repurchase up to $1 billion worth of XRP directly from the open market (not just escrow releases).
* 🏦 New Treasury Entity: The creation of a dedicated Digital Asset Treasury (DAT) company, reportedly named Evernorth and backed by Ripple, which will be tasked with accumulating and holding XRP. This is a structural shift towards institutional accumulation!
Why This Matters for XRP Holders:
* Supply Squeeze Potential: Buying XRP directly from exchanges aims to reduce the circulating supply, which can naturally tighten market liquidity and pressure the price upward.
* Institutional Confidence: Establishing a major, publicly-listed DAT (reportedly via a SPAC) for XRP demonstrates a deep, long-term commitment from Ripple and institutional partners to the asset's utility and value.
* Strengthening Price Stability: The accumulation effort is described as a move to strengthen price stability and establish an institutional framework for the asset.
> Bloomberg and other sources previously cited Ripple's efforts to raise at least $1 billion for this purpose, with the entity potentially becoming the largest dedicated XRP treasury.
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This initiative, separate from Ripple's existing escrow, suggests a powerful new sink for XRP supply is on the horizon.
What are your thoughts? Is this the institutional catalyst XRP holders have been waiting for?
#XRP #Ripple #XRPArmy #CryptoNews #DigitalAssetTreasury #Buyback #Evernorth
Disclaimer: This post summarizes market claims and reports. Always Do Your Own Research (DYOR) before making investment decisions.