XRP Poised for Gold Super Cycle as Ripple CEO Highlights Outdated Financial Infrastructure

Ripple CEO Brad Garlinghouse recently highlighted an example of outdated financial infrastructure by pointing out that the Central Bank of the Netherlands spent months relocating $11 billion in gold between New York and London, with only 30% of it physically moved.

The process took so long because a significant portion of the transfer was done digitally. Meanwhile, crypto grew from a $1.5 billion experiment into a $2.7 trillion asset class over the same period.

Digital Asset Investor connects this to a commodity super cycle forming around gold and believes that XRP is not just adjacent to it but part of it.

XRP has already been designated as a commodity, and Digital Asset Investor thinks that tokenizing gold on the XRP Ledger solves the longstanding transportability problem, making it provable and transferable in seconds. This increases gold's value while driving demand for the ledger it sits on.