Ripple sets sights on crypto utility for 2023, XRP sees surge in value RippleXRP XRPArmy XRPCommunity XRPHolders
Devraj Varadhan, SVP of engineering at Ripple, predicts that, in part as a response to the turmoil of 2022, there will be a general shift in the market away from highly speculative businesses and toward businesses that use crypto solutions to meet unmet customer needs and real-world problems.
Brooks Entwistle, SVP and managing director of APAC at Ripple, predicts that liquidity concerns will continue to eliminate cryptocurrency start-ups that have relied on hype cycles. He compares this evolution to the"dot-com bubble." Because of the potential gains in efficiency, transparency and speed, Ripple MD of Europe Sendi Young anticipates that institutions will speed up their long-term adoption of crypto solutions despite the market slump.
Ken Weber, Ripple's VP of impact, predicts that large nongovernmental organizations will start incorporating cryptocurrency into their programming to better serve the financially vulnerable because it can serve as a cross-border payment mechanism when traditional corridors are compromised or ineffective.
The director of policy at Ripple, Susan Friedman, expresses her optimism that the U.S. will adopt a common-sense policy approach this year.
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