#AbuDhabiStablecoin $XRP at $500: What Would It Take? Current price (as of 2024): ~$0.50–$0.70 Market cap at $500/XRP: Over $25 trillion (assuming circulating supply of ~50 billion XRP) For comparison, Bitcoin’s peak market cap was around $1.3 trillion, and Apple Inc.’s is ~$3 trillion. Bottom line: For XRP to reach $500, it would need to become the dominant global liquidity bridge for cross-border transactions, replacing major currencies and SWIFT systems—an extremely ambitious scenario. --- Abu Dhabi’s AE Coin: A Strategic Move AE Coin is a dirham-backed stablecoin launched by Abu Dhabi. It reflects the UAE’s aggressive push toward becoming a global crypto and fintech hub, aligning with its CBDC initiatives and pro-blockchain regulation. By launching a stable, government-backed digital currency, the UAE aims to: Boost cross-border trade efficiency Attract Web3 investments Integrate more closely with global financial networks This makes the UAE one of the leaders in state-level digital currency innovation. #AbuDhabiStablecoin