From what I see, this can go two ways. XRP gets declared a security or not. In both cases, Ripple will still continue to operate, as the business model will still work as long as it's non fungible and publicly traded.
January 3rd 2021, SEC fails the suit, Moon landing secured. Bags secured.
January 3rd 2021, XRP fails the suit, Exchanges halt trading. Expect massive FUD and frozen assets. This kills ripple net, unless they can immediately gain adoption in wall street as an equity security. They could also internally operate like a bond until there's public adoption, buying and selling XRP themselves to facilitate transfers on the network. That's going to hemorrhage $ for them, so not likely the best idea.
Public adoption has been XRP's plan since the beginning, but this is the absolute worst way to do it. High risk, high reward either way.
January 3rd 2021, SEC fails the suit, Moon landing secured. Bags secured.
January 3rd 2021, XRP fails the suit, Exchanges halt trading. Expect massive FUD and frozen assets. This kills ripple net, unless they can immediately gain adoption in wall street as an equity security. They could also internally operate like a bond until there's public adoption, buying and selling XRP themselves to facilitate transfers on the network. That's going to hemorrhage $ for them, so not likely the best idea.
Public adoption has been XRP's plan since the beginning, but this is the absolute worst way to do it. High risk, high reward either way.