XRP Seeks to Oust US Treasuries as Top Collateral

Ripple's XRP has been making waves in the cryptocurrency market, and one analyst believes it could reach a staggering $100 trillion market cap. But what would have to happen for this prediction to come true? According to the analyst, XRP must replace U.S. Treasuries as institutional collateral.

This means that instead of being spent on transactions, XRP would be locked on balance sheets for derivatives and loans. The analyst notes that high velocity in the market means that the float needed is far smaller than people assume, making a $1,000 price target mathematically defensible.

The question remains whether XRP can unseat cash as the world's primary collateral. What are your thoughts on this possibility?