Ripple Looks to Future After Court Ruling Clears Path for XRP Growth
- Ripple’s XRP is deemed not a security, redirecting focus to payment infrastructure and market opportunities.
- XRP’s exchange supply is at a record low, indicating increased investor holding and cautious sentiment.
- Ripple’s RLUSD stablecoin and partnerships with major financial players highlight growth in DeFi and tokenized assets.
Ripple’s President, Monica Long, expressed optimism about the company’s future following a recent court ruling clarifying XRP’s status as a non-security, signaling a pivotal moment in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
Following a district court ruling that XRP is not a security, Ripple has refocused its efforts on enhancing its payment infrastructure and exploring new market opportunities.
The SEC’s scrutiny had presented obstacles to Ripple’s operations, yet Long emphasized the company’s resilience in strengthening its capabilities across various fronts. Ripple has made strides in developing its XRP Ledger and custody services through partnerships with institutions like Metaco. Notably, collaborations have expanded into tokenizing real-world assets on the XRP Ledger, attracting inter…
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