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Recently, the passage of the GENIUS Act marks the official entry of U.S. payment stablecoins into the institutional era, which is a significant breakthrough for the digital money market. Ripple quickly responded by launching RLUSD and applying for an OCC license, aiming to establish a blockchain-based dollar payment network.
In this emerging ecosystem, XRP plays a crucial role. It is not just a simple digital token; it is an indispensable bridge and settlement protocol within the entire payment network. This positioning makes XRP the focus of attention for institutional investors.
Currently, the price of XRP starts at $3.3. While it may seem unremarkable, this might precisely reflect the phenomenon of institutional investors beginning to enter the market only after fully understanding its potential. With the widespread application of RLUSD on the Blockchain network, the importance of XRP will become increasingly prominent, and it will become the core of the entire Digital Money payment network.
It is worth noting that the future trend of XRP may be surprising. Some believe that with its established position in the digital payment space, the price of XRP is expected to reach 6 USD. This prediction is not based on short-term market sentiment, but rather on the foundation of XRP gaining institutional recognition and practical application value.
Overall, XRP is at a critical turning point. With the institutionalization of payment stablecoins and Ripple's strategic deployment, XRP is expected to play a more significant role in the global digital payment space. For investors and market observers, closely monitoring the developments of XRP will become increasingly important.