Ripple’s XRP needs to gain more adoption from financial institutions and regulatory permissions to operate effectively. Building up Ripple’s stablecoin, RLUSD, will boost XRP’s value. The investment thesis for Ripple’s financial value chain focuses on building infrastructure on the XRP Ledger, expanding in key geographies, and establishing RLUSD as a default settlement medium. Modernizing XRPL’s market plumbing and capturing jurisdictions where capital flows originate are crucial for Ripple’s success. Additionally, bolstering RLUSD as a settlement medium by increasing circulation and usage is essential for Ripple to compete with other stablecoins.

Read more at Nasdaq: Ripple’s Continued Success Hinges on These 3 Factors