Currently,$XRP is trading around $2, but experts believe its price could skyrocket if more banks adopt it. Let's explore a hypothetical scenario where all Japanese banks start using $XRP XRP.
Japan has one of the world's largest banking industries, with over $9.65 trillion in assets. If $XRP becomes a standard bridge asset for settlements, its market cap could grow to 10% of Japan's banking assets, reaching $965 billion.
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This could push $XRP's price to around $16.08, representing an 800% increase from current levels.
Why Japan? Ripple has already partnered with Japanese financial institutions like SBI Holdings and Mizuho Financial Group. In fact, SBI Remit has launched Japan's first $XRP XRP-powered international remittance service.
