Jake Claver, CEO of Digital Ascension Group, urged the crypto community not to underestimate the value of cryptocurrencies. $XRP Ledger (XRPL).
In his commentary, Claver argued that the expansion of XRPL’s payment infrastructure and developer activity could make it a key pillar of future global value transfer.
Important points
- Jake Claver urges investors not to underestimate its value. $XRP Leisure with a growing payment utility.
- This network powers international payments infrastructure, including Ripple Payments.
- Claver suggests that the expanding payments ecosystem is also attracting developers and new projects to build on top of it. $XRP ledger.
- Ripple Payments has processed over $100 billion in transactions across over 60 markets.
Payments using XRPL expand across global trade corridors
In a tweet, Claver pointed out that its reach is expanding. $XRP ledger. He claims the system now connects more than 80% of the world’s trade corridors, enabling faster and more efficient international trade.
His comments highlight how the digital asset industry is gradually modernizing cross-border payments. Traditional international money transfers go through multiple intermediaries, which often results in slower settlement times and higher transaction costs.
However, blockchain-based infrastructure such as $XRP Ledger aims to streamline this process. The network enables near-instant payments and supports liquidity solutions such as Ripple Payments. As a result, payment providers and financial institutions are increasingly considering this as a more efficient alternative.
New payment projects launched on XRPL
Notably, Claver’s comments come shortly after Vlightup Inc. announced the launch of a new global trade finance payments platform in Japan. The system works on $XRP Introducing Ledger and multi-party smart escrow capabilities to streamline trade finance transactions.
The platform aims to leverage XRPL to address long-standing inefficiencies in the traditional trade settlement process.
Claver believes the ecosystem will continue to expand as developers introduce new applications and financial tools, potentially strengthening the ledger’s role in global finance.
As blockchain networks become increasingly integrated into payments infrastructure, the future of global value transfer becomes clearer, and XRPL could play a key role in that change, he suggested.
Popularization of Ripple payment
Meanwhile, Ripple has continued to emphasize the capabilities of its payments infrastructure. Earlier this week, the company revealed that Ripple Payments provides businesses with a unified platform to move funds around the world via both fiat and stablecoin rails.
According to Ripple, the network operates under more than 75 licenses and has already processed more than $100 billion in payments in more than 60 markets. Notably, several enterprise customers are already using the XRPL-powered platform, including MassPay, AMINA Bank, and Banco Genial.
