Ripple's Success 'Inevitable' Despite Polarized Opinions
A former BlackRock Managing Director believes Ripple's success is inevitable, despite divided opinions surrounding XRP. The current Managing Director and UK Lead at 21Shares, who previously served as Managing Director at BlackRock, spoke on the UK Crypto Podcast about institutional adoption of Ripple's cross-border payments infrastructure.
The executive noted that opinions on XRP tend to be polarized, with some being completely convinced it will dominate institutional payments while others dismiss it outright. However, he argued that continued adoption from major institutions already moving in that direction makes Ripple's success inevitable.
'When you see some of the big credit card companies or big firms adopting, moving into the space, saying that they're going to use Ripple as well, I think it's inevitable,' he said. 'It will actually grow.'