XRP Joins Elite Club: Novogratz Declares It One of Few Crypto Assets Achieving True Monetary Status
Galaxy Digital CEO Mike Novogratz drops a bombshell—XRP has crossed the chasm from speculative asset to functional money. In an industry crowded with vaporware and memecoins, Ripple's native token now stands among Bitcoin and stablecoins as one of cryptocurrency's rare monetary success stories.
The Wall Street veteran's endorsement comes as XRP demonstrates real-world utility in cross-border payments—while 90% of altcoins still can't justify their existence beyond trading pairs. Novogratz's stamp of approval carries weight, though cynics might note his fund holds positions in competing assets.
As central banks globally wrestle with digital currency strategies, XRP's maturation suggests private-sector solutions may be outpacing bureaucratic efforts. Just don't ask the SEC for a second opinion.
Galaxy Digital CEO Mike Novogratz has offered another direct praise for XRP, acknowledging its distinctive evolution. Speaking in an interview with CoinDesk, he said XRP has achieved something “really, really complicated” in crypto: becoming money.
Visit Website