XRP Could Reach $100T if Institutions Use It As Collateral: Analyst

An analyst believes that Ripple's XRP token could reach $100 trillion in value if institutions start using it as collateral, rather than just relying on payment volume.

The argument is based on a comparison between XRP and gold, where the latter derives its worth from being held as collateral rather than constantly transacted.

The analyst points to Ripple's $1.25 billion acquisition of Hidden Road, now renamed to Ripple Prime, which decides what counts as acceptable collateral, and argues that neither Ripple's published collateral schedule nor KBRA's reports currently list XRP as eligible collateral.