A prominent CEO believes that if the price of $XRP rises, Ripple could become one of the most capitalized banks in the world, reshaping the global financial landscape.
In a recent discussion with crypto investor Paul Baron, Sal Gilbertie, CEO of Teucrium, shared a groundbreaking theory about the future of Ripple. He suggested that Ripple's vast holdings of 40 billion $XRP could be used to secure a banking license, and if the asset's value increases, the company could catapult itself into the top ranks of global finance.
The Unprecedented Power of $XRP
Gilbertie's analysis, highlighted in a tweet by crypto investor Xaif, centers on the sheer scale of Ripple's XRP reserves. He explained that if XRP's price were to reach $3, Ripple would instantly become one of the world's top 20 most capitalized banks. But the potential doesn't stop there. According to Gilbertie, a price of $6 or higher could place Ripple among the top 10, or even make it the single largest bank globally. He called this possibility "astounding," a sentiment echoed by Baron, who believes many in the traditional financial sector are not yet grasping the full implications of Ripple's strategy.
The Future of Finance is On-Chain
Beyond Ripple's banking prospects, the conversation also touched on the broader future of financial technology. When asked if leveraged exchange-traded funds (ETFs) could one day be traded directly on a blockchain, Gilbertie responded with unwavering confidence. He stated that he believes "every financial instrument" will eventually transition to on-chain systems, asserting that no financial product will remain off-chain in the long term. This statement reinforces the growing belief that blockchain technology will ultimately permeate all areas of finance, blurring the lines between traditional and digital markets.
The theory proposed by Gilbertie and Baron suggests that Ripple's ambitions extend far beyond its current role in cross-border payments. By leveraging its significant XRP holdings, the company could evolve into a dominant player in global banking, fundamentally changing how digital assets integrate with traditional financial systems.
