"We are committed to the long term health and stability of XRP markets." - As Ripple the COMPANY PROMISES.
There are 2 options.
XRP is backed by HOPIUM, HOPIUM which Chris Larsen, Brad Garlinghouse, David Schwartz created. (This is a fact, the 3 of them shilling XRP and hold tons of XRP)
"moneygram, more than X financial institutions using xrp.. larget...
Regulations, Banks adopting XRP, The IMF and Ripple are good friends, global debt.
Imagine if behind Ripple and XRP actual sits the American empire with a solution for lot of problems
will it happen?..
**first of all**
This could be wrong! do your own research!
XRP was designed to be a global currency. There are 100B of XRP. In the end, the utility of XRP will come from it's price. it's price will come from the availability. The availability come from regulations, imf and the whole ripple partners, Central banks all over the world. No one will pump the xrp...