The CEO of SBI Declares XRP is the Key to Major Asset Shifts as the Price Approaches 3 USD

XRP has attracted the attention of investors again last week after recording one of the strongest bullish moves in recent months. This Token surged close to the $3 mark on Friday, raising its total market value to nearly $170 billion. According to the CEO of SBI Global Asset Management, Tomoya Asakura, XRP is not just another digital asset but is also "the asset transfer of our generation." He sees the recent popularity of XRP with financial institutions as a fundamental shift in the position and transfer of value globally. Asakura cited XRP payment and remittance services as widely adopted areas and evidence that the use of XRP is increasing in the real financial world. He also pointed out that the penetration of regulated banks is expected to accelerate the adoption of XRP into mainstream systems. Asakura also cited Ripple's recent move in choosing BNY Mellon as the custodian for the RLUSD stablecoin. He explained that the partnership between RLUSD and XRP is strategic in preparing the framework for the new generation global payment system. SBI Supports XRP as a Strategic Asset in Financial Transition SBI Holdings remains one of Ripple's most dedicated partners, holding 9% of the shares of this US-based blockchain company. Through subsidiaries such as SBI Remit and SBI VC Trade, this Japanese financial giant is actively using XRP in real-time money transfer transactions. In a recent development, SBI VC Trade has partnered with financial company Aplus to allow users to convert credit card points into XRP and other digital currencies. This move indicates that SBI is also aiming to make XRP more accessible to the general public. According to Asakura, another important milestone in the journey of this token is Ripple LLC's application for a banking license in the United States. If approved, it will help organizations adopt it faster and create a use case within conventional banking frameworks.

SBI is still operating validators on the XRP Ledger, further strengthening its position in the network in terms of reliability and decentralization. These initiatives demonstrate the company's confidence in the future of global finance, where XRP is utilized.

With a price nearing 3 dollars and increasing support from institutions, XRP is gradually establishing itself as a formidable competitor in the digital finance space. Thanks to the ongoing support from SBI, XRP is positioned not only as a cryptocurrency asset but also as a bridge for the next era of global asset transfer. $XRP {spot}(XRPUSDT)