Austin King, founder of Omni and a longtime collaborator with Ripple, believes that XRP has the potential to become a $1 trillion asset. He emphasizes that interoperability and expanding utility across the DeFi ecosystem are crucial for XRP's success. Ripple aims to tokenize real-world assets on the XRP Ledger by leveraging its relationships with traditional finance companies. By integrating tokenized assets into the DeFi economy, XRP could generate up to 400 times more revenue than the current fee model. Omni is partnering with Ripple to facilitate this vision, starting with the tokenization of assets from the XRP Ledger using Ripple's RLUSD stablecoin. Other catalysts for XRP's rise to a $1 trillion market cap include the approval of XRP-based ETFs and its potential inclusion in a U.S. strategic reserve. The recent establishment of a Presidential Working Group to evaluate crypto policies and the potential creation of a digital asset stockpile in the U.S. further fuel bullish speculations for XRP's adoption and valuation. Currently, only Bitcoin has crossed the $1 trillion valuation mark, and at a $1 trillion valuation, XRP's price would rise to $17.
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