Cryptocurrency expert Vincent Van Code explained what $5 trillion is Fed main accountthat Ripple is looking at could mean for XRP. This comes as the Fed considers introducing narrow master accounts for crypto companies that could also give them access to the central bank’s payment rails.

What the Fed Master Account for Ripple Could Mean for XRP

In Post XVincent Van Code stated that the Fed’s main account for Ripple means that the company can maintain its margin balance in RLUSD at the Fed without counterparty risk. He then noted that $5 trillion is an idea of ​​how much RLUSD will be printed. The expert then referred to RLUSD/XRP pairwhich suggests that the value of XRP could escalate significantly as it is used to enable cross-border asset exchanges.

In this regard, Vincent Van Code stated that there are massive plans for XRP and that the flywheel is not yet in motion. An expert suggested it XRP holders you just have to be patient as these plans come to fruition. In another Post Xexplained the model for how the Fed Master Account could send XRP to at least $80, based on Ripple CEO Brad Garlinghouse’s prediction that more than 30% of the $13 trillion Ripple Treasury could be on the network by 2031.

The expert noted that 30% of $13 trillion is about $5 trillion, and the Fed’s general account is also $5 trillion. He further noted that the potential monthly release of 1 billion XRP from the $80-per-XRP deposit would reach $5 trillion in about 60 months. Vincent Van Code added that he may be wrong, but the model is correct. He added that XRP’s level of $80 by 2032 will be a shock to some, but those who bought at $0.50 can expect a 160-fold return.

30% of the $15 trillion Ripple Treasury could be moved on-chain

In Post XCryptocurrency expert ChartNerd highlighted Ripple’s CEO’s statement that 30% of their treasury business could be moved online in the next five years. Garlinghouse noted how this could provide more liquidity in the cryptocurrency ecosystem, potentially increasing the price of XRP, with the company already integrating the altcoin into its treasury management system.

The Ripple CEO also mentioned that their treasury business is becoming more and more popular among gigantic and medium-sized enterprises that count American Airlines as a client. He noted that for these businesses, they could make payments faster and cheaper because they could now make cross-border payments in real time. Garlinghouse also made reference to their dashboard making payments easier as they have now integrated XRP and RLUSD with fiat on the same dashboard.

At the time of writing, XRP is trading around $1.38, down over the past 24 hours, according to data from CoinMarketCap.

Featured image from Getty Images, chart from Tradingview.com