Ripple get over 1,700 NDAs show say institutions plenty ready for XRP despite regulation wahala
Ripple don sign over 1,700 non-disclosure agreements (NDA) with banks, government, and dem wey dey provide payment. This one show say plenty pipo dey interested for back to join XRP with the way moni dey move worldwide. Even though Ripple win small for court for 2023, wey dem say XRP no be security for pipo to buy, banks for US and many big big companies still dey careful because say regulatory palava still dey, especially with wetin SEC wan do and how bank levels shake small small recently. Even as US banks no too talk publicly, court papers and pipo wey understand the market tok show say most partners dey wait for clear clear rule before dem start using XRP solutions. Wetin dem see for SEC court documents and market analysis show say once the SEC case finish and the rules clear well well, banks and big financial companies fit rush to use Ripple technology, especially for sending moni from one country to another and for quick moni services wey follow wetin ISO 20022 talk. If plenty big companies start using am, XRP world fit expand quick, moni wey pipo want am go increase and the price of the token fit go up. Pipo wey dey trade crypto suppose watch wetin dey happen with the rules and any public announcement wey dey come out to know where XRP market dey face for future.
Bullish
The large number of NDAs—pass 1,700—between Ripple and big money banks show say institutions sabi dem wan use XRP for cross-border payments and liquidity, even though most partners dey wait for government rules to clear. Ripple small small win for court case and the SEC case wey dem still dey wait for settlement suggest say, as soon as government agree with dem clearly, these institutions fit quick quick start to use XRP systems. This fit cause big big increase for XRP demand and the amount of XRP wey dem dey trade. For history, wen institutions yarn say dem go support something, e usually make the price of the thing go up, especially if government no dey block dem again. So, this news make XRP price dey look good for short and long time, because pipo dey expect say more institutions go join and the ecosystem go grow.