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TimesTabloid 2025-02-16 09:00:24

Software Engineer: Only 5% of XRP In Circulation will be Tradable Publicly Eventually

Vincent Van Code, a well-known software engineer and crypto enthusiast, recently shared his perspective on the future of XRP and its role in global payments. His tweet highlights the importance of XRP’s utility beyond speculative trading and compares it to other cryptocurrencies, emphasizing its unique capabilities on the XRP Ledger (XRPL). Eventually, only 5% or less XRP circulating supply will be tradable publically. The rest will be locked away making the global payment industry billions of dollars as it is transacted. So why not lock all of it away? Because you need a free, open market where XRP can be sold… — Vincent Van Code (@vincent_vancode) February 15, 2025 The Future of XRP Supply and Utility Van Code suggests that only a small fraction—5% or less—of XRP’s circulating supply will be publicly tradable in the long run. The majority, he argues, will be locked away and utilized within financial institutions, making billions of dollars in transactions. This statement aligns with the broader view that XRP is designed as a bridge asset for institutional payments, reducing friction in cross-border transactions and liquidity management. However, he acknowledges the necessity of maintaining a free and open market for XRP. The ability to buy and sell XRP is crucial to mitigating counterparty risk in financial transactions. Without an open market, price discovery would be impossible, and the efficiency of XRP as a liquidity solution could be compromised. This perspective reflects how financial markets function, ensuring that assets used for settlement remain liquid and freely accessible. XRPL’s Capabilities vs. Other Cryptocurrencies Van Code urges those evaluating cryptocurrencies to research the capabilities of the XRP Ledger before making investment decisions. He contrasts XRPL’s features with meme coins like PEPE and DOGE, including the flagship crypto Bitcoin (BTC). While Bitcoin is often viewed as a store of value, its transaction speed and cost limitations make it less practical for real-time global payments. Meme coins, on the other hand, typically lack intrinsic utility and are driven primarily by speculation. The XRP Ledger is purpose-built for asset tokenization and has a native “sell anything for anything” functionality. This allows seamless transactions involving different asset types, a feature essential for global financial networks and enterprise adoption. The ability to tokenize and trade assets efficiently sets XRP apart from many other digital assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Caution Against Meme Coins and Leverage Trading Van Code’s tweet warned against meme coins, Layer-2 (L2) tokens, and leverage trading. He advises investors to be cautious when selecting cryptocurrencies and to avoid assets that lack real-world use cases. Additionally, he warns against leverage trading, calling it “rigged” and emphasizing that it carries significant risks, often leading to substantial losses for retail investors. His caution reflects a broader concern within the crypto space regarding market manipulation and the high volatility of leveraged positions. Many traders have recorded losses due to liquidations caused by sudden price swings, often exacerbated by market makers and large investors. Community Reactions and Calls to Action Van Code’s perspective resonated with many in the XRP community, including another X user, smooth (FJB/LGB), who took a more direct approach, urging people to buy XRP immediately. While Van Code did not explicitly advocate buying XRP, he emphasized the importance of due diligence and careful selection criteria when investing in cryptocurrencies. This discussion highlights the growing divide between utility-driven digital assets and speculative meme coins. As blockchain technology evolves, investors must distinguish between projects with long-term potential and those driven purely by hype. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Software Engineer: Only 5% of XRP In Circulation will be Tradable Publicly Eventually appeared first on Times Tabloid .

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