- Oliver Segovia says Ripple is the head of payments. “everything computes via tokens” You can also find out more about the following: “everyone transacts via tokens.”
- A survey conducted by Ripple found that 72% global finance professionals are expecting to investigate the tokenization of assets within the next year. next Three years.
Ripple continues to place tokenization at the core of its vision for XRP’s future, as the XRP Ledger is gradually transformed into a seamless technology of tokenization. Ripple’s executive pointed out recently that tokens form the core of the payments and computing world.
Ripple conducted an extensive study last year that surveyed over 1,700 professionals. financial Services industry. It found that 72% expect their organizations to explore tokens by 2026, showcasing how critical the application is to the future of XRPL and the entire sector in general.
Oliver Segovia is the Head of Payments Marketing at Ripple. He recently shared his views on tokens with X. stating:
All transactions are done via tokens. Tokens are used by everyone.
Segovia was born in Philippines. He previously worked for Coinbase, Google Pay and other companies. He has been involved in some of Ripple’s groundbreaking efforts to offer innovative features and products, including its latest push into stablecoins—although, as CNF reportedIt seems that it has brushed off potential competitors in the wrong manner.
Segovia expressed his opinion about the stablecoin. “I’ve seen firsthand the demand for stablecoin payouts esp in emerging markets like the Philippines – where I grew up. Ripple has more than a decade of experience in blockchain-based solutions for enterprise use cases,” It is the perfect company to take on Tether and Circle, two of the fastest-growing players in the stablecoin industry.
Tokenization of XRP will be a game changer
Tokenization will be blockchain technology’s most significant opportunity—that much is clear. Tokenization will be the most significant opportunity for blockchain technology, that much is clear. HSBC Boston Consulting Group has been hired by Goldman Sachs DeloitteEvery major organization has praised the huge opportunity and potential impact that this could bring.
Ripple published a report in 2013 on tokenization. noted: “Finance leaders are particularly optimistic about the impact of tokenization on securitized assets like mortgages and asset-backed securities, and enterprises see the most potential in the metaverse and for events or ticketing.”
Ripple thinks that the initial step is to bring assets onto a blockchain. It is also necessary to build platforms and protocols that allow tokens to be traded freely, igniting a whole new market. financial applications.
Brad Chase is the Head of Liquidity Products at Ripple. commented:
We will see rapid expansion as assets become tokenised financial Derivatives are just one example of the innovative use cases enabled by a blockchain-based foundation.
The price of XRP has been trading sideways at $0.5067 for the last day. 10% The trading volume has dropped.
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Source: www.crypto-news-flash.com