Ripple’s Strategic Move into a $12.5 Trillion Payments Market
- Ripple has acquired GTreasury for $1 billion, rebranding it as Ripple Treasury, which now connects to over 13,000 banks and more than 1,000 corporate clients.
- The acquisition gives Ripple access to a $12.5 trillion annual payment volume, none of which currently flows through cryptocurrencies.
- X Finance Bull noted that if just 1% of this volume were to flow through the XRP Ledger (XRPL), it would generate about $125 billion in new annual transaction volume.
- Currently, there are approximately 769 million XRP tokens locked in Exchange-Traded Funds (ETFs), managing $1.1 billion in assets across seven funds.
Ripple’s acquisition of GTreasury positions it within a massive payments ecosystem, potentially transforming how financial operations integrate with blockchain technology without altering existing systems.
If Ripple successfully channels even a small fraction of the $12 .5 trillion market through XRPL , it could significantly impact XRP’s liquidity and price dynamics.Source