Why has the price of $XRP been kept under control?
To facilitate 3–4 years of remittance testing.
Institutional infrastructure requires a track record of price stability.
For banks, clearinghouses, and central banks to adopt XRP as a settlement channel,
data demonstrating price stability over a period of at least 3–4 years is essential.
If the price were to skyrocket, all such tests would be considered failures.
In the realm of international settlement, this is common knowledge.
To facilitate 3–4 years of remittance testing.
Institutional infrastructure requires a track record of price stability.
For banks, clearinghouses, and central banks to adopt XRP as a settlement channel,
data demonstrating price stability over a period of at least 3–4 years is essential.
If the price were to skyrocket, all such tests would be considered failures.
In the realm of international settlement, this is common knowledge.
