XRP (CRYPTO: XRP) surged 3.5% as Teucrium CEO Sal Gilbertie said Ripple could become a top 20 global bank by capitalization at $3 per XRP or a top 10 bank at $6 if the company secures a banking license and holds 40 billion XRP on its balance sheet.
The Banking License Math
Gilbertie on Sunday explained Ripple’s potential path to becoming one of the world’s largest banks by capitalization.
“There’s one of the leading theories that they just hold that on their balance sheet, they get their banking license, and they become a top 20 capitalized bank in the world,” Gilbertie said on the Coin Stories podcast.
“That’s with XRP at $3. XRP goes to some multiple of $3, they become a top 10 bank, or even the top bank in terms of capitalization,” he added.
The …