The post Banks May Turn to Ripple’s XRP Amid Crisis, Predicts CEO of Black Swan Capitalist Versan Aljarrah appeared first on Coinpedia Fintech News
Big financial trouble could be coming, and many believe banks already see it coming. Some experts think a crisis could break the system, and when that happens, one digital asset might be the solution — Ripple’s XRP.
Versan Aljarrah, CEO of Black Swan Capitalist, believes every bank will eventually rely on Ripple’s network. He believes this could push XRP’s price to $100, and maybe even $1,000 later on.
The Warning Signs Are Already Here
Versan Aljarrah believes that many large companies are now drowning in debt. As pressure builds, they may start to collapse, and that could trigger a chain reaction across the entire global market.
In his view, once margin calls begin, investors may be forced to sell off their assets, pushing prices down even more. If things go out of control, it could cause banks to freeze credit, panic across financial systems, and even lead to serious social problems like job losses and limited access to money.
Ripple’s Technology Could Step In
As this threat grows, Ripple’s XRP could become the tool that keeps money flowing. Aljarrah says XRP was built for moments like this. Its technology allows money to move across borders in seconds, far faster than the old banking systems. That kind of speed and liquidity could be crucial if markets start to break.
According to Aljarrah, Ripple has already worked with central banks around the world. Some use XRP directly to settle international payments, while others rely on Ripple’s system to issue IOUs backed by XRP’s liquidity.
Aljarrah also says that even small countries like Barbados have already started using Ripple’s system, and he believes big players like BlackRock and JP Morgan might have secretly agreed on XRP’s future role in a new financial system.
XRP’s True Value Could be $100
XRP price today is trading around $2.26, reflecting a 9% rise over the week, but Aljarrah believes that’s far below its real value. He believes the real value of XRP could soar anywhere between $100 and even $1,000 in the future.
However, reaching even the lower end of that target won’t be easy. To hit $100, XRP would need to climb by a massive 4,900% from its earlier level of $2.08, making it a very ambitious prediction, for now.