XRP community debates if $1,000 token price is needed for global payments

A heated discussion has emerged within the XRP community over whether the cryptocurrency’s price must reach $1,000 per token for it to serve as a global bridge asset in large-scale transactions, including potential projects with the Federal Reserve and Ripple . The question highlights an ongoing debate about the relationship between XRP’s price, its liquidity, and its capacity to handle institutional-grade cross-border payments. Eira, a crypto enthusiast active in the XRP ecosystem, shared that some supporters argue XRP must attain a price of $1,000 or higher to support the scale of transfers Ripple envisions.

Source: CoinTurk News