Bitcoin

Ripple accelerates custody push to power global tokenization, says John Deaton

Ripple intensifies his efforts to develop in the cryptocurrency childcare services, a strategic decision which, according to the legal expert, John Deaton, indicates the long-term vision of the company for the blockchain. The Stablecoin transmitter, known for its XRP token, is now focusing on childcare solutions.

According to Get rid ofThe change of orientation will see Ripple offer tokenization as a service to global financial institutions, potentially improving the price of XRP.

Ripple aims to direct with the guard and tokenization services

The recent concentration of Ripple on childcare offers attracted the attention of John Deaton, who shared ideas in a post X on the evolutionary strategy of the company.

Although Ripple's main activity has focused on interban payments for most of its life, custody is a substantial change. Deaton said that this change was part of the company's strategy to plant its tent as a one -stop shop for financial institutions exploring the technological space of the big distributed book.

The acquisition of Ripple Spree in the last two years – in particular the purchases of Metaco and the standard guard in 2023 and 2024 – prepared them for the new management. These transactions were worth billions, which indicates that the issuer XRP puts everything he has to enter the global guard market.

Deaton sees these acquisitions, as well as the acquisition of hidden road brokers, such as strong signals that the company wishes to add custody to its existing payment and stablecoin solutions.

“By offering custody alongside payments and Stablecoin solutions, Ripple becomes a one -stop shop for financial institutions incorporating blockchain technology,” said Deaton. It is a strategic maneuver to locate Ripple as a market leader for institutions that seek to sail in the world of blockchain and digital assets.

John Deaton suggests that the emphasis on guard is not only to secure digital assets – that is part of a wider game to dominate the booming tokenization market.

Ripple is preparing to provide tokenization as a service, allowing banks and other Tokenize financial institutions of traditional assets such as actions and real estate via a one-looking workshop platform. Deaton thinks that the constantly increased custody framework will ensure transparent tokenization, ultimately disturbing the financial industry.

XRP Ledger is presented as hub for tokenized assets and the adoption of the rlusd

The ultimate vision of the large XRP book is to be the central center for tokenized assets. At the heart of the vision is the stablecoin rlusd that Deaton thinks that will contribute to the adoption of tokenization. With Ripple at the helm, banks and other institutions can more easily tokensify active world, helping to bring traditional markets to blockchain.

Ripple's push in tokenization could also lead to greater adoption of the Stablecoin Rlusd, analysts predicting that if the RUSD had captured 80% of the USDT market share, the XRP price could increase considerably.

Deaton speculates that the growing activity of Ripple in the guard space is part of a strategy to exceed its competitors, especially since the global childcare market should reach 16 billions of dollars by 2030.

Ripple's aggressive strategy is involved while the company is working to recover from the legal challenges of its prolonged case of the SEC. Deaton suggests that leadership is determined to compensate for lost time, in particular given the significant delays caused by the dispute. “I wonder that Brad Garlinghouse compensates for the time lost after being slowed down by the dry trial,” said Deaton.

However, Ripple faces growing competition from others in the world of blockchain and payments. One of these competitors is Circle, which recently launched its payment network, which also poses payments in real time.

At the time of writing this document, XRP changed hands at $ 2.32, up almost 7% in the last 24 hours, according to market data.

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