21 Jun 2025, 09:05

From the margins to the mainstream: The new capital frontier is not what you think it is | Opinion

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins may be the most underappreciated financial infrastructure of our time. In the West, discourse on stablecoins remains trapped between compliance and innovation, despite their quiet role as an indispensable financial tool for millions across emerging markets. You might also like: Rethinking money in the web3 era: From capital to code, narrative, and moral design | Opinion From remittances and cross-border trade to on-chain yield and enterprise-grade payments, the most meaningful and scalable stablecoin use cases are no longer incubated in Silicon Valley or on Wall Street but on the streets of Lagos, Buenos Aires, and Ho Chi Minh City. For many individuals in these markets, stablecoins represent a redefinition of what money is, how it moves, and who it works for. For investors, the message is clear: the future of digital finance will increasingly be co-authored by communities that build solutions out of necessity rather than novelty. Emerging markets as proving grounds Born out of necessity, stablecoins have become foundational to economic participation across Latin America, Africa, and Southeast Asia. In Venezuela, where hyperinflation and currency collapse destabilised the local bolívar, stablecoins account for nearly half of crypto transactions under $10,000. Elsewhere, stablecoins represent up to 43% of Sub-Saharan Africa’s total crypto transaction volume, mirroring a similar pattern of widespread currency devaluation and growing demand for USD-pegged stability. Similarly, with the majority of the country’s population lacking banking access, people in Vietnam are also turning to stablecoins to relieve the cost burden of high remittance fees. Many SMEs and gig workers are increasingly leaning on digital payments solutions like stablecoins to avoid high fees and FX conversion bottlenecks. Such examples prove that emerging markets are, in fact, real-world stress tests for the next chapter of global finance, and hotspots for investors seeking growth where traditional systems fall short. Generation dollar: Banking the next generation Disrupted trade flows, rising import costs, and weakening currencies impact the global economy, but it is the emerging markets in the Global South that bear the greatest brunt of instability. One in seven people across the world who rely on remittances will have to bear the high transfer costs that can reach up to 8.2% , cutting into income that could otherwise support food, education, or medical bills. For this next generation of digital-native workers, entrepreneurs, and small businesses, navigating today’s economy requires fast, resilient, and stable borderless financial tools. Stablecoins have become exactly that: reliable financial instruments that enable millions to hedge against volatile environments. From enabling freelancers in Southeast Asia to receive instant payments to helping merchants in Africa reduce FX exposure, such tools provide tangible, dollar-based resilience to everyday users. A new “generation dollar” is emerging; one that is no longer bound by the realms of legacy institutions but is building its own parallel economy via alternative payment rails and digital currencies. Investors—like us at Foresight Ventures—should take note of this sobering reminder of the real-world challenges experienced by those our portfolio companies are serving. Smart capital is ultimately about empowering builders who are solving real financial frictions, bridging access gaps, and overcoming yield constraints in regions where traditional finance continues to fall short. Rebuilding finance from the phone up As DeFi becomes more embedded in everyday financial flows, the future of finance will be built into digital mobile wallets, and not banks. This wallet-native model is reshaping access in some of the world’s most underserved regions, returning financial control to individuals and small businesses. Tools like PayFi help bridge the gap between on-chain yields and real-world spending, enabling users to hold dollar-denominated assets providing 5–8% yield, instant settlement, and borderless payments. Such tools become important micro-financial systems in countries like Morocco and Vietnam, where the majority of the population remains unbanked. With mobile-first interoperable infrastructure that merges yield, liquidity, and utility in a single interface, stablecoins offer a level of financial agility that traditional systems cannot match, reducing cross-border fees from 6.65% globally to near-zero. And this is key: as stablecoins, yield protocols, and DeFi rails converge in the palm of the hand, the next chapter of global finance will be downloaded. As investors race to catalyse wallet ecosystems, we are witnessing the industry unlocking new forms of economic agency and inclusion. The new financial power play With mobile-first adoption and rising economic pressure, financial power is becoming more democratised by technology. Emerging markets are at the heart of this shift, leading the next chapter of financial innovation, and adapting socioeconomic fabrics in tandem with the progress of crypto-native infrastructure. Need and ingenuity are colliding in the Global South, a living laboratory for scalable, durable, and inclusive financial innovation. For investors in the space, realising web3’s full potential now depends on bridging the ideological and structural divide between East and West. We need to combine the regulatory clarity and capital depth of developed markets with the grassroots innovation and real-world deployment that we’re seeing from the Global South. This requires investment not just in technology, but in geography, where capital in wallet infrastructure, stablecoin rails, and programmable yield protocols that are locally attuned and globally interoperable can build a truly inclusive financial system, one that scales both innovation and impact. Read more: Crypto fails as money and what needs to change | Opinion Author: Forest Bai Forest Bai is the founder of Foresight Ventures, an investment firm focused on the blockchain and cryptocurrency sectors. With extensive experience in finance and technology, Forest leads Foresight Ventures in identifying and supporting innovative blockchain projects and early-stage companies. His work emphasizes long-term growth and strategic partnerships within the evolving digital asset landscape.

21 Jun 2025, 08:00

Meta AI’s Ambitious Pursuit: After $32B Startup Bid, Zuckerberg Eyes Daniel Gross Hire

BitcoinWorld Meta AI’s Ambitious Pursuit: After $32B Startup Bid, Zuckerberg Eyes Daniel Gross Hire In the fast-paced world where technology giants are aggressively pursuing artificial intelligence breakthroughs, news from Meta Platforms continues to capture significant attention. For those following the intersection of big tech ambition and disruptive innovation, particularly relevant to the crypto space which often leverages cutting-edge AI, recent reports indicate Meta AI is making bold moves not just in technology development, but in securing top-tier human capital. The Bold Bid for Safe Superintelligence Recent reports shed light on Meta’s strategy to accelerate its AI capabilities. According to sources, Meta made a substantial attempt to acquire Safe Superintelligence, the AI startup co-founded by Ilya Sutskever, formerly the chief scientist at OpenAI. This move underscores the intense competition among tech leaders to gain an edge in the AI race. Safe Superintelligence, valued at a reported $32 billion, represents a significant player in the burgeoning AI landscape, focusing on building safe superintelligence. The valuation itself speaks volumes about the perceived potential and importance of the company’s mission and the expertise of its founders, including Sutskever, who played a pivotal role in some of the most significant AI advancements in recent years. However, the acquisition attempt was reportedly unsuccessful. Sutskever and his co-founders ultimately declined Meta’s offer. This rejection highlights the independent vision and perhaps the desire of the Safe Superintelligence team to pursue their goals autonomously, rather than integrating into a larger corporate structure like Meta. Shifting Focus to Daniel Gross Following the unsuccessful acquisition attempt, Meta’s focus appears to have shifted towards individuals rather than the entire entity. Reports now indicate that Meta is in discussions to hire Daniel Gross, a co-founder and the CEO of Safe Superintelligence. This strategic pivot suggests that while the full acquisition was not feasible, Meta remains keen on bringing key leadership and expertise from the startup into its fold. Daniel Gross is a respected figure in the tech and venture capital world, known for his sharp insights and ability to identify and nurture promising technologies and talent. His potential recruitment signals Meta’s determination to integrate high-caliber leadership into its AI division. Securing talent like Gross could provide Meta with invaluable experience in leading and scaling AI research and development efforts. His background, which includes significant experience in the startup ecosystem and venture investing, could bring a unique perspective to Meta’s large-scale AI projects. This move aligns with Mark Zuckerberg’s stated goal of building world-leading AI capabilities. Meta’s Aggressive AI Talent Acquisition Strategy The pursuit of Daniel Gross is not an isolated incident but part of a broader, aggressive AI talent hiring spree by Meta. The company has been actively recruiting prominent figures from across the AI and tech landscape. Earlier reports indicated that Meta was also in talks to hire Nat Friedman, the former CEO of GitHub, alongside Gross. Friedman’s experience leading a major tech platform and his involvement in the AI investment space make him another highly sought-after individual. Furthermore, Meta is reportedly taking a stake in NFDG, a joint venture firm founded by Friedman and Gross. NFDG has already made notable investments in successful AI startups such as Perplexity AI and Character.AI. This investment strategy, coupled with the direct hiring of individuals like Gross and potentially Friedman, indicates a multi-pronged approach by Meta to deepen its ties with the leading edge of AI innovation, both through direct employment and strategic investment in the ecosystem. This comprehensive strategy is aimed at rapidly bolstering Meta’s internal AI talent pool and external network. Earlier in the month, Meta also announced the hiring of Alexandr Wang, the CEO of Scale AI, a prominent data labeling company crucial for training AI models, along with several other executives from his firm. These hires collectively represent a significant influx of high-level AI expertise into Meta, covering areas from research and development leadership to data infrastructure and startup investment perspectives. The race for top AI talent is fierce, and Meta is clearly demonstrating its willingness to invest heavily to secure the best minds in the field. Why AI Talent is Crucial for Meta’s Future The emphasis on acquiring top AI talent is paramount for Meta as it pushes towards ambitious goals, including building Artificial General Intelligence (AGI) and developing the metaverse. Building advanced AI requires not only massive computational resources but also the visionary leadership and technical expertise to guide complex research projects and translate them into practical applications. Individuals like Ilya Sutskever, Daniel Gross, Nat Friedman, and Alexandr Wang bring diverse yet complementary skill sets essential for navigating the challenges of frontier AI research and development. Their experience in building companies, leading large technical teams, and investing in innovative technologies can significantly beef up Meta’s AI superintelligence lab and accelerate progress. The ability to attract such high-profile individuals also sends a strong signal to the rest of the industry about Meta’s commitment to being a leader in the AI space. This strategic focus on AI talent acquisition is a critical component of Meta’s long-term vision, impacting everything from their social media platforms to their hardware initiatives like smart glasses and future metaverse endeavors. Concluding Thoughts on Meta’s AI Pursuit Meta’s pursuit of Safe Superintelligence, followed by its focused effort to hire Daniel Gross and other key figures like Nat Friedman and Alexandr Wang, underscores the company’s aggressive strategy to become a dominant force in artificial intelligence. The failed acquisition of a $32 billion startup did not deter Meta; instead, it seems to have intensified their efforts to onboard the minds behind such ventures. This talent acquisition drive, coupled with strategic investments, is a clear indication of where Meta sees its future and the resources it is willing to commit to achieving its AI ambitions. The outcomes of these hiring efforts will likely have a significant impact on the competitive landscape of the AI industry and Meta’s position within it for years to come. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Meta AI’s Ambitious Pursuit: After $32B Startup Bid, Zuckerberg Eyes Daniel Gross Hire first appeared on BitcoinWorld and is written by Editorial Team

21 Jun 2025, 07:50

Coinbase CEO Brian Armstrong: Why the World Desperately Needs Crypto Now

BitcoinWorld Coinbase CEO Brian Armstrong: Why the World Desperately Needs Crypto Now In a recent and impactful statement, Coinbase CEO Brian Armstrong took to social media to share a powerful message resonating with many in the digital asset space: the World needs crypto , perhaps now more than at any point in recent history. This isn’t just a bold claim from a figurehead in the industry; it’s a perspective rooted in observing significant global economic trends that he believes cryptocurrency is uniquely positioned to address. Why Does Coinbase CEO Brian Armstrong Believe Crypto is Essential? Brian Armstrong’s assertion stems from several critical global economic challenges. He specifically highlighted three major concerns driving his conviction: Exponentially Growing Debt Levels: Across nations, both public and private debt continues to balloon. This unsustainable growth raises questions about future economic stability and the potential for currency devaluation as governments potentially resort to printing more money to service debt. Widespread Inflation: Many countries are grappling with persistent inflation, eroding purchasing power and making it harder for individuals and families to save and maintain their standard of living. Traditional financial systems often struggle to contain this, leaving citizens vulnerable. Erosion of Economic Freedom: Armstrong argues that economic freedom is being chipped away globally. This can manifest in various ways, from capital controls and censorship of transactions to limited access to financial services for large portions of the world’s population. According to the Coinbase CEO Brian Armstrong , these intertwined issues create a pressing need for alternative financial systems that are more resilient, accessible, and permissionless than traditional finance. He sees crypto as that necessary alternative. Exploring the Core Crypto Benefits Armstrong Highlights When we talk about why the World needs crypto , we’re really talking about the fundamental advantages that cryptocurrencies and blockchain technology offer in the face of the challenges Armstrong outlined. The crypto benefits that stand out include: Decentralization: Unlike traditional currencies controlled by central banks, cryptocurrencies like Bitcoin operate on decentralized networks. This removes single points of control and potential failure, offering a degree of independence from government fiscal policies that can lead to inflation or debt crises. Permissionless Access: Anyone with an internet connection can access and use cryptocurrencies. This is a massive step towards global financial inclusion, particularly for the estimated 1.7 billion adults worldwide who remain unbanked but may have mobile phones. This directly combats the erosion of economic freedom by providing financial tools to everyone. Transparency and Security: Transactions on public blockchains are transparent (though parties can be pseudonymous) and secured by cryptographic principles. This contrasts with opaque traditional financial systems and offers a level of security against censorship or arbitrary seizure. Potential Hedge Against Inflation: While volatile, some cryptocurrencies, particularly those with capped supplies like Bitcoin, are viewed by proponents as a potential store of value and a hedge against the devaluation of fiat currencies caused by inflation and excessive money printing. Understanding crypto and inflation dynamics is crucial for many seeking alternatives to traditional savings methods. These inherent features form the bedrock of Armstrong’s argument that crypto is not just a speculative asset class, but a vital tool for navigating the current global economic landscape. How Does Crypto Offer Economic Freedom Crypto? The concept of Economic freedom crypto is central to Brian Armstrong’s vision. What does this truly mean in practice? It means giving individuals greater autonomy over their finances. Consider a few scenarios: An individual in a country experiencing hyperinflation can hold value in a cryptocurrency like Bitcoin or a stablecoin, preserving their wealth better than holding the rapidly devaluing local currency. A freelancer working for international clients can receive payments quickly and cheaply using crypto, bypassing slow and expensive traditional cross-border transfer systems that often involve multiple intermediaries and fees. People living under authoritarian regimes or in areas with underdeveloped banking infrastructure can access financial services, store value, and transact without needing permission from a bank or government entity. This ability to transact, save, and invest without intermediaries or geographic limitations is the essence of the Economic freedom crypto promises. It empowers individuals and reduces reliance on potentially unstable or restrictive traditional financial systems. Addressing Crypto and Inflation Concerns One of the most discussed aspects of why the World needs crypto , according to Armstrong, is its role in combating inflation. The relationship between Crypto and inflation is complex, but the core idea is that assets with limited supply, like Bitcoin (capped at 21 million coins), are inherently deflationary or disinflationary by design, contrasting sharply with fiat currencies which can be printed indefinitely by central banks. While the crypto market is known for its volatility, many investors see assets like Bitcoin as a form of ‘digital gold’ – a store of value that holds its purchasing power over the long term, especially as traditional currencies lose value due to inflationary pressures. This perspective is gaining traction as global inflation persists. What Does This Mean for the Average Person? Brian Armstrong’s message isn’t just for economists or crypto enthusiasts. It has implications for everyone. As global debt rises and inflation eats away at savings, understanding alternatives becomes increasingly important. The crypto benefits discussed aren’t just theoretical; they offer practical ways for individuals to protect their wealth, participate in the global economy, and gain a degree of financial independence. Whether it’s exploring cryptocurrencies as a small part of a diversified savings strategy or using crypto for faster, cheaper international remittances, the opportunities presented by this technology are becoming harder to ignore in the current economic climate. Conclusion: Crypto’s Growing Role in a Challenging World Brian Armstrong’s statement serves as a potent reminder of the foundational problems that cryptocurrency was created to address. In a world grappling with mounting debt, persistent inflation, and concerns about economic freedom, the case for why the World needs crypto becomes compelling. The unique features of decentralization, permissionless access, and transparency offer tangible crypto benefits that can empower individuals and provide alternatives to traditional financial systems facing significant stress. As the global economic landscape continues to evolve, the role of Economic freedom crypto enables, and the potential of Crypto and inflation hedging will likely become even more significant, validating the perspective shared by the Coinbase CEO Brian Armstrong . To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption . This post Coinbase CEO Brian Armstrong: Why the World Desperately Needs Crypto Now first appeared on BitcoinWorld and is written by Editorial Team

21 Jun 2025, 06:10

Apple executives are considering acquiring AI startup Perplexity

Apple Inc. executives have reportedly held internal talks about a potential bid to acquire AI startup Perplexity. The discussions are in early stages and have not involved Perplexity’s management. Adrian Perica, Apple’s head of mergers and acquisitions, reportedly raised the idea with services chief Eddy Cue and top artificial intelligence decision-makers at the company. Bloomberg reports that the tech giant plans to integrate AI-driven search tools, like those offered by Perplexity, into its Safari browser. Perplexity acquisition could be the largest-ever Perplexity recently closed a funding round that valued it at $14 billion. A deal approaching that value would be Apple’s largest acquisition to date, surpassing its $3 billion purchase of Beats Electronics in 2014. The company also made billion-dollar deals with Intel’s modem unit and Chinese ride-hailing platform DiDi. Bloomberg reported Friday that Meta Platforms had earlier tried to acquire Perplexity but failed to secure a deal. After that failed attempt, Meta acquired a 49% stake in Scale AI for $14.3 billion to build a “superintelligence” AI team. Scale co-founder Alexandr Wang is now part of that initiative. Meta has reportedly been in advanced talks to hire Daniel Gross, co-founder of Safe Superintelligence Inc., while Apple is making efforts to persuade him to join its team. Gross had previously sold his startup, Cue, to Apple in 2013, which contributed foundational technologies for early AI features in iOS. His Cue co-founder, Robby Walker, oversaw Siri until recently and now leads Apple’s internal AI project codenamed “Knowledge,” meant to compete with ChatGPT, and created using web-based data. Apple could go the partnership route While a full acquisition is on the table, Apple has also discussed a possible partnership with Perplexity. According to sources, one proposed arrangement would involve incorporating Perplexity as an AI search engine option in Safari. Another would integrate the startup’s technology more deeply into Siri, Apple’s voice assistant. Eddy Cue, speaking during the Google antitrust trial in May, said that the industry is “shifting away from standard internet searches to AI tools.” “ We’ve been pretty impressed with what Perplexity has done, so we’ve started some discussions with them about what they’re doing ,” he added. The iPhone maker has met with Perplexity several times in recent months, and its AI team is actively assessing the startup’s technology. However, the company has not yet opened formal acquisition talks. Apple might face some problems partnering with the AI firm, owing to a reported in-progress agreement between Perplexity and Samsung Electronics. The South Korean firm, Apple’s competitor in smartphones, is planning to announce a major partnership with the AI startup. Any exclusive deal with Samsung could likely cripple Apple’s AI ambitions. “ It shouldn’t be surprising that top manufacturers want to offer the best search and more accurate AI for their users. That’s Perplexity ,” a company spokesperson surmised. BBC threatens legal action over copyright violations As reported by Cryptopolitan, Perplexity is also facing legal troubles from the British Broadcasting Corporation (BBC). In a letter sent to Perplexity CEO Aravind Srinivas, the BBC accused the company of illegally scraping and storing large portions of its journalistic content for training its AI models. The BBC demands that Perplexity immediately stop accessing its articles, erase any stored copies, and present a proposal for financial compensation. If the demands are not met, the BBC says it will seek an injunction to halt use of its content and potentially pursue damages. “ Perplexity’s tool directly competes with the BBC’s own services, circumventing the need for users to access those services ,” the broadcaster stated in its letter. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

21 Jun 2025, 01:56

Apple in legal trouble after postponing Siri updates until 2026

Apple investors filed a lawsuit against the tech firm in a proposed class action for securities fraud on Friday, June 20. The shareholders accuse the company of overstating the maturity and readiness of its “Apple Intelligence” AI features—especially those tied to the Siri voice assistant—during its June 2024 Worldwide Developers Conference (WWDC). They claimed that the iPhone maker minimized the time it would take to add advanced artificial intelligence to its Siri voice assistant , negatively affecting iPhone sales and lowering its stock price. The lawsuit includes shareholders who lost hundreds of billions of dollars in the year ending June 9, after the tech firm unveiled several features and aesthetic changes to its products but kept its AI changes modest. Apple finds itself in trouble after postponing some Siri updates until 2026 In their statement, shareholders led by Eric Tucker said they were convinced at the June 2024 WWDC conference that AI would emerge as a key driver in future iPhone 16 devices . This followed the launch of Apple Intelligence in a bid to make Siri, Apple’s intelligent personal assistant, a more powerful and user-friendly product. However, they said the Cupertino, California-based company did not have a working model for AI-based Siri features. They felt it was unlikely that these features would be ready in time for the iPhone 16s. Shareholders noted that the truth started to come out on March 7 when Apple postponed some Siri updates until 2026. This feeling continued during this year’s Worldwide Developers Conference on June 9, where Apple’s view of its AI advancements did not meet analysts’ expectations. Meanwhile, since reaching a record high on December 26, 2024, the tech firm’s shares have dropped by almost 25%, resulting in a loss of about $900 billion in market value. The case is Tucker v. Apple Inc et al, U.S. District Court, Northern District of California, No. 25-05197. Notably, Chief Executive Officer Tim Cook, Chief Financial Officer Kevan Parekh, and former CFO Luca Maestri are defendants in the case, filed in San Francisco federal court. The iPhone maker did not immediately respond to requests for comment. Apple unveiled plans for new AI features for future improvement Earlier, Apple unveiled several new artificial intelligence features, including a modest update to its software and services that shares the basic technology behind Apple Intelligence. This move had set the stage for future improvements. The announcements at its annual Worldwide Developers Conference were more about a series of small improvements. This included live translations for phone calls, which improve everyday life instead of the big plans for AI that Apple’s rivals are using to promote themselves. Interestingly, a year after it could not deliver promised AI-based upgrades to important products, including Siri, the tech firm has been careful about its AI promises to users, letting them know that it can assist with tasks like locating where to purchase a jacket similar to one they spotted online. Behind the scenes, Apple hinted at a plan to provide its own tools to developers alongside those from competitors. This strategy was similar to Microsoft’s last month. Craig Federighi, a senior vice president of software engineering at Apple, said the company will provide both its own and OpenAI’s code completion tools in its key Apple developer software, and that the company is opening up the foundation AI model that it uses for some of its own features to third-party developers. According to Federighi, they make connecting directly to the large language model on Apple devices easier. In an early example of this feature, the company integrated image generation from OpenAI’s ChatGPT into its Image Playground app. They assured users that their data would not be shared with OpenAI unless they agreed. Ben Bajarin, CEO of analyst firm Creative Strategies, commented on the situation. Bajarin explained that one can see that Apple focuses on developing behind the scenes rather than what users see on the surface, which, according to him, most people are not really concerned about. The iPhone maker encountered unique technical and regulatory challenges as its software developer conference began. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

20 Jun 2025, 23:05

XRP Projected Price If Ripple Seals Partnership With 50 Central Banks

Ripple’s ongoing expansion into central bank partnerships could significantly influence the valuation of its associated cryptocurrency, XRP. Analysts suggest that if Ripple secures agreements with over 50 central banks globally, the resulting institutional confidence and demand could substantially boost XRP’s market value. Strategic Role in Global Payments The token currently trades at approximately $2.15 , with a market capitalization near $127 billion. Despite this, many analysts consider the token undervalued , primarily due to its strong utility in cross-border financial transactions. As Ripple strengthens its position in the digital payment infrastructure space, speculation about XRP’s long-term value continues to grow. Ripple’s CBDC (central bank digital currency) platform, launched in May 2023, is designed to enable central banks to issue and manage their digital currencies efficiently. Although the platform is based on a private version of the XRP Ledger and does not require direct use of XRP, increased trust in Ripple’s technology could indirectly benefit XRP demand, especially if central banks adopt it for international settlements or currency bridging. Price Forecasts Under Varying Adoption Scenarios To estimate XRP’s potential value in scenarios involving widespread adoption by central banks, ChatGPT was consulted. The AI model offered various projections based on how extensively XRP might be integrated into global financial systems. In one scenario, where XRP facilitates 20% to 30% of global cross-border transactions, its market capitalization could reach $1.2 trillion , placing the token’s price at approximately $20.38. If XRP becomes the preferred settlement mechanism across the G20 nations, the price could climb further to $42.46. In a more aggressive projection, where XRP is adopted as a reserve asset or for interbank clearing by central banks, the total market cap could expand to $5 trillion, translating to a token price of about $84.93. The most optimistic forecast sees XRP powering both public and private digital payment systems, which could elevate the market capitalization to $8 trillion and push the price to roughly $135.88 per token. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 These projections assume several critical developments, including wide-scale adoption of Ripple’s CBDC infrastructure, consistent regulatory clarity across major regions such as the United States and the European Union, and increased institutional use of XRP. Ripple’s Progress with Central Bank Collaborations Ripple has already begun securing collaborations with central banks, with at least ten ongoing partnerships, according to CEO Brad Garlinghouse. While some have not been publicly disclosed, several have been made official. Palau has worked with Ripple to issue a digital currency backed by the U.S. dollar, aimed at environmental and financial sustainability. Bhutan implemented a CBDC pilot using Ripple’s technology to improve transaction speed and cost-efficiency. Additional partnerships include Montenegro , which is developing its digital currency with Ripple’s support; Georgia, which enlisted Ripple for its Digital Lari initiative; and Colombia, which is using Ripple’s infrastructure to enhance its high-value payment system. If Ripple continues to build strategic relationships with global central banks and XRP becomes integral to international financial systems, the token’s valuation could rise considerably. While such growth is contingent upon regulatory, technological, and institutional developments, current trends point toward an increasingly significant role for Ripple and XRP in the digital economy space. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Projected Price If Ripple Seals Partnership With 50 Central Banks appeared first on Times Tabloid .