🤔 Popular blogger **Andrei Jikh** addressed the Ripple community:
I know people are VERY subjective on this issue, but I've been following XRP since 2014 and still haven't found answers to these questions:
- Ripple partners with over 300 banks, but after 13 years of the network's existence, shouldn't its daily on-chain volume already be in the billions?
- If XRP is volatile, why use it for transfers? Stablecoins exist for such purposes.
- If the token's volatility isn't that important because it's a "bridge currency," then why hold XRP at all?
- Are bridge currencies even necessary if stablecoins will cover most trading pairs in the future?
- Why would giants like BlackRock use XRPL for tokenization instead of building their own blockchain? (For example, Robinhood uses Arbitrum and plans to create its own blockchain.)
- Why should foreign nations trust a payment network owned by a private U.S. company?