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ChatGPT Explains How XRP Could Reach $135

  • ChatGPT has presented hypothetical models suggesting how XRP could potentially reach $135 based on Ripple's partnerships with central banks and CBDC platform adoption.
  • Four scenarios outlined by ChatGPT depict increasingly ambitious use cases for XRP in global finance, including becoming a standard for cross-border flows and a core settlement layer for G20 countries.
  • In the most bullish case, termed "Global Monetary Layer," XRP could achieve a market cap of $8 trillion and a token price of $135.88 by serving as the backbone for CBDC corridors and private sector payments.
  • The feasibility of these models relies on Ripple's expansion of its CBDC services, global adoption, and regulatory support in key markets like the U.S. and EU.
  • Ripple has shown progress with active CBDC projects in countries like Bhutan, Palau, and Montenegro, as well as partnerships with numerous governments, as mentioned by Ripple CEO Brad Garlinghouse.
  • The company introduced its CBDC platform in May 2023 and is emphasizing XRP's role at the center of digital asset infrastructure.

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