Krutika Adani
After major companies started using XRP for funds transfers in Japan, 61 more banks have partnered with Ripple to develop an XRP-based payments system.
The new payment system, which aims to transform Japan from a cash-preferring nation to a cashless one, will be completed by next year.
XRP has been used for cross-border payments in the USA and the UAE, and now, with Japan, it sees a much broader global expansion.
XRP's legal battle with the SEC has concluded, and it now seems to have an unlimited growth potential.
Based on its strong bullishness and high institutional adoption, we expect XRP to cross $1 in late 2024 or early 2025.