Top experts say $XRP's target is trillions of dollars in transactions, not billions—Western Union is ignoring the bigger picture. #Ripple 🧵🧵🧵
Following Western Union's deal with Solana, critics have continued to slam XRP, and now a new voice has joined the debate.
Dom Kwok, co-founder of easyJet and an XRP supporter, believes the market's focus is too narrow. He points out that headlines celebrating Western Union's decision to launch its stablecoin on Solana ignore the much more significant structural shift happening at Ripple.
In his view, the focus shouldn't be on Western Union's "billions of dollars" in transaction volume, but rather on Ripple's growing influence in global payments and liquidity flows, which could reach trillions of dollars.
Kwok notes that while Western Union's annual transaction volume is in the billions of dollars, its choice of Solana, while noteworthy, is not transformative.
He believes Ripple is quietly forging connections with financial giants several orders of magnitude larger. Unlike pilot partnerships that could abruptly end, Ripple's acquisitions give the company direct ownership and far-reaching influence over vast financial pipelines.
Mr. Guo highlighted three key acquisitions in the past year:
Hidden Road, a top global brokerage firm with $3 trillion in annual clearings.
GTreasury, a global money management company that powers trillions of dollars in payment flows annually across more than 160 countries.
Rail, a rapidly growing payments platform handling 10% of global stablecoin payments.
Essentially, ownership is crucial. Unlike partnerships that could dissolve due to changes in company strategy, acquisitions allow Ripple to control the long-term direction of these new infrastructures.
Mr. Guo's core argument is that XRP is at the "center of everything."
With Ripple now fully controlling its platform handling trillions of dollars in liquidity, the company has both the capability and the incentive to gradually migrate settlement activity to the XRP ledger.
Meanwhile, critics have questioned Western Union's deal with Solana, arguing that XRP's applications outside of Ripple may be limited.
Specifically, market commentator Scott Melker questions XRP's place in today's payments ecosystem, noting that Western Union, despite years of testing its XRP network, ultimately chose Solana over the XRP Ledger.
Western Union plans to launch its USDPT stablecoin on Solana in 2026 to enable global stablecoin transfers and withdrawals. The company expects to attract over $100 billion in cross-border transactions annually to Solana.
Kwok believes the focus should be on the trillions of dollars in transactions Ripple plans to handle, not the billions of dollars.
"Don't miss the forest for the trees," he points out, adding that Ripple is building mechanisms to push XRP to the core of trillions of dollars in institutional settlements.
“It’s trillions of dollars, not billions,” Kwok emphasized in conclusion.
Other industry leaders echoed Kwok’s point. Flare CEO Hugo Philion previously dismissed concerns that Western Union’s partnership with Solana would impact Ripple or XRPL.
He stressed that Ripple’s focus is on trading and asset management, as evidenced by its acquisitions of GTreasury and Hidden Road (Ripple Prime).
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