Ripple CTO David Schwartz argues that a higher XRP price could improve XRP Ledger liquidity, reduce slippage and facilitate large institutional settlements. XRP trades below $1.10 after a sharp correction, with selling pressure reflected in liquidations and outflows from spot XRP ETFs. Meanwhile, Qivalis, a consortium of 37 European financial institutions across 15 countries, is preparing a regulated euro-denominated stablecoin and received Electronic Money Institution authorization from the Dutch central bank in October 2026. BBVA and DZ BANK, which already work with Ripple’s institutional digital asset custody business, are among the consortium’s members. Schwartz says institutional adoption of the XRP Ledger could increase XRP’s importance as a liquidity asset for cross-border payments.
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