Here Is XRP Price If Ripple Secures 50+ Central Bank Partnerships

Per popular projections, the XRP price could reach ambitious levels if Ripple secures 50+ central banking partnerships, leading to greater confidence and demand.

Currently, XRP trades at about $2.16 with a market cap close to $127 billion, but many analysts believe it’s still flying under the radar. They see XRP’s strong use case in global payments as a reason it could be worth much more. 

Experts Believe XRP Price Remains Undervalued

Notably, if Ripple keeps expanding its payment infrastructure and lands more partnerships with major financial institutions, especially central banks, those experts believe XRP price could see a dramatic increase due to an increase in confidence and demand.

However, the scope of this demand remains largely uncertain. As a result, to understand where XRP’s price could head if Ripple signs deals with over 50 central banks, we turned to ChatGPT. 

Notably, the AI model broke it down based on how deeply XRP might be used within these systems. It pointed out that Ripple’s CBDC platform does not rely on XRP itself, since it’s built on a private version of the XRP Ledger. 

However, ChatGPT explained that growing trust in Ripple’s tech could easily spill over into demand for XRP, especially if banks start using it for cross-border payments or currency bridging.

Possible XRP Price if Ripple Secures 50+ Central Bank Partnerships

ChatGPT presented several possibilities depending on how far Ripple’s influence spreads. For one, if 50 or more central banks adopt its CBDC platform and XRP plays a big role in global settlement systems, the price of XRP could shoot up. 

Specifically, ChatGPT believes in a case where XRP powers 20–30% of the world’s cross-border flows, its market cap could reach $1.2 trillion, putting the price at around $20.38 per coin. 

Meanwhile, if XRP becomes the go-to system for bank settlements across G20 countries, the price could climb to $42.46. In an even more ambitious outcome, where central banks use XRP as a reserve or clearing asset, the market cap could hit $5 trillion, pushing the token to roughly $84.93. 

Interestingly, ChatGPT presented a more bullish case, where XRP anchors both public CBDCs and private sector payments. In this case, the chatbot says XRP price could skyrocket to $135.88 on an $8 trillion market cap.

ChatGPT based these projections on several big assumptions. Specifically, Ripple would need to scale its CBDC and payment services, see XRP adopted across multiple layers, and benefit from clear regulations in places like the U.S. and EU.

Ripple Already Securing Partnerships with Central Banks

Ripple’s current list of partnerships already shows progress in that direction. It has teamed up with multiple central banks, and its CEO, Garlinghouse, said ten government partnerships are active, though many haven’t been publicly detailed. 

Notably, Ripple launched its CBDC platform in May 2023 to help central banks manage their digital currencies from creation to circulation.

Several countries are already working with Ripple. For instance, Palau partnered with Ripple to create a USD-backed digital asset focused on sustainability. Bhutan used Ripple’s tech to run a CBDC pilot aimed at improving payment efficiency. 

Montenegro also partnered with Ripple for its CBDC project. Georgia brought Ripple in to develop the Digital Lari, and Colombia is using Ripple’s platform to modernize its high-value payment systems.