Here’s the Price of 1 XRP if Every Major Bank Uses

Amid continued discussions around the utility XRP boasts in payments, what could its price grow to if every major bank uses it globally for cross-border payments?

XRP’s Appeal in Global Payments

Ripple points to its growing role in global payments, especially through Ripple’s On-Demand Liquidity (ODL) platform, now rebranded into Ripple Payments.

For context, ODL allows banks to use XRP as a bridge currency. It allows them to settle cross-border payments without pre-funding accounts in destination currencies. This setup lowers transaction costs, speeds up settlements, and improves transparency.