Why a High XRP Price Is Good for Holders and Essential for Banks

BitcoincomNews · 2026-03-14T11:00:50+00:00

Ripple's CTO asserted years ago that banks would require an expensive XRP. Every RLUSD stablecoin transaction on the XRP Ledger incurs an XRP gas fee, crucial for Ripple's $33 trillion target. Despite a $50 billion valuation, XRP remains 63% below its peak.

BitcoincomNews

2026-03-14 11:00:50

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Story Highlights* Ripple’s CTO argued 8 years ago that banks would need XRP to be expensive.

Every RLUSD stablecoin transaction on the XRP Ledger requires XRP as a gas fee, putting XRP at the centre of Ripple’s $33 trillion stablecoin target.
Ripple just valued itself at $50 billion while XRP is still 63% down from its peak.

XRP-0,43%

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