Ripple CEO Brad Garlinghouse has recently hinted at the potential adoption of $XRPby the banks of the United States. In a recent video, Ben Armstrong, a prominent voice in the blockchain sector, asserted that the US banks’ adoption of $XRPis poised to be “the key to $XRP’s success.”

Ripple has been moving through a tough period for more than two years since the Securities and Exchange Commission (SEC) sued the platform in 2020. The regulators accused Ripple and its executives of allegedly raising “over $1.3 billion through an unregistered, ongoing digital asset securities offering.”

Though Ripple envisioned the global expansion and wider adoption of $XRP, its legal challenges remained a severe hurdle in its path. However, in 2023, Judge Analisa Torres’ landmark ruling that classified $XRPas a non-security tagged it as the only token with “legal clarity.” As per Ben Armstrong, Ripple’s win against the SEC hints at Ripple achieving its vision.

Armstrong delved deep into the history of $XRP, unveiling its transition with upgrades and updates. He shed light on the “fatal flaw” of Ripple’s software that hindered the banks’ adoption of $XRP. Although many banks leveraged Ripple’s software for cross-border transactions, the software never mandated its users to hold XRPs.

Thus, with Brad Garlinghouse figuring out the issue, Ripple introduced RippleNet and ODL (On-Demand Liquidity), replacing the previous products. This innovation envisions the broader adoption of $XRPtokens, as it necessitates holding $XRPfor using Ripple’s blockchain. Armstrong described it as “the true value proposition of $XRP.”

Armstrong believes that by Monday, the $XRPcommunity will listen to the news of the wider adoption of $XRP, as hinted by Garlinghouse. He added that Ripple’s CEO hasn’t done anything for the realization of the mission other than being “very strategic.”

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