While retail traders watch XRP charts for support and resistance, senior analyst Jim Willie it rests on the opposite a complete set of data points. Its case for XRP is built around pre-existing structures, pre-established structures, and product numbers that make most of the price discussions seem arbitrary.
Its starting point is not where XRP is today. That’s where money flows when infrastructure flows.
DTC number
One very interesting figure Willie raised was the Depository Trust and Clearing Corporation. DTCC processes approximately $3.7 quadrillion in annual transactions involving stocks, bonds, real estate contracts, and large corporate financial services.
DTCC is already committed to Ripple. The former CEO of DTCC now holds a permanent position at Ripple.
“If we get 1% of that in XRP that’s three trillion a month,” Willie said. “This happens and the price is $100 XRP. This is one and only.”
BlackRock Is Already Inside the Ecosystem
Willie said he believes BlackRock is already committed to the Ripple ecosystem. Its process separates the use cases between Ripple’s assets. RLUSD administers full-time wages where stability is important. XRP handles heavy volume transfers where speed and on-demand water availability are critical.
Differentiation is important because it means that all goods grow together rather than competing for the same use. BlackRock’s involvement brings organizational credibility and distribution reach that no marketing campaign can duplicate.
The Question of the IMF’s Special Drawing Rights
Willie also mentioned the possibility of XRP being included in the IMF’s Special Drawing Rights basket, which currently contains five major international currencies used for lending and managing reserves.
Inclusion in SDR may include XRP on the basis of international infrastructure. It cannot be commercial property at that time. It can be a storage instrument used by central banks and multinational corporations for the largest financial transactions in the world.
Japan and SBI Connection
Japan is already using XRP through established banks. Willie announced the latest news about SBI, one of Japan’s largest financial institutions. The tie-up places SBI within the Ripple family through corporate finance and not as a partner or client.
The web of institutional relationships surrounding Ripple and XRP continues to grow through channels that don’t receive much attention.
The On-Demand Liquidity Advantage
Willie identified the withdrawal of pre-funded accounts as one of the areas where XRP is undervalued. International banks currently require organizations to hold funds in escrow accounts in multiple locations in order to pay the balance. The capital is idle, earning nothing, built on existing accounts to simply add to the world’s stable of machines.
XRP’s on-demand liquidity removes that requirement. The capital locked up in those accounts around the world represents a reliable stable market in itself.
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