🚫🚨 Breaking News 🚨🚫 : Today JPMorgan predicted up to $8,000,000,000 flowing into an $XRP ETF 🚀
However -- most people don't understand that Ripple is positioning $XRP for an entirely new phase. 😱🚫
Having co-authored a protocol with Ripple CTO David Schwartz, here is my perspective on what comes next:💸🚀
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
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The first stage of their strategy focused on offering fast, low-cost payments to acquire a massive base of customers from traditional finance.
Now, having processed over $50 billion in payments Ripple is entering the second stage of their plans for $XRP.
What does this entail ?
Ripple is now planning to leverage all those customer relationships to tokenize the world's traditional financial assets.
This will position the $XRP Ledger as the center of the onchain economy by distributing those assets across all chains.
But why leave the $XRP Ledger?
Expanding these tokenized assets across all chains will enable them to capture DeFi market share across all chains, driving fees from multiple chains back to $XRP.
It is our goal with $OMNI to accelerate this expansion across all other chains.
What scale could this reach?
Fees from DeFi and tokenization could easily exceed transaction fees by 100 to 1,000x.
This is what people are misunderstanding -- this is just the beginning for $XRP.
As Ripple steps into this next stage, what should you be on the lookout for
Tokenization of new assets and the expansion of those assets across other chains will be the key drivers of progress.
Soon, my team at Omni will publicly release a new product related to this.
In the meantime -- follow me to get more of an insider's take on Ripple's strategy.
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
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