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Grayscale highlights XRP for global payments
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Grayscale highlights XRP for global payments

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  • Grayscale has classified XRP (CRYPTO:XRP) as a global payments digital asset.
  • The move links XRP to cross-border payments and blockchain settlement.
  • Grayscale continues offering investment products tied to XRP and other major cryptocurrencies.

Grayscale has classified XRP (CRYPTO:XRP) as a global payments asset in its latest digital asset framework.

The firm grouped XRP with payment networks, while Bitcoin (CRYPTO:BTC) was labelled digital money and Ethereum (CRYPTO:ETH) was described as a world computer.

“Every asset has its narrative,” Grayscale said.

Grayscale said XRP is linked to cross-border payments and blockchain settlement through the XRP Ledger, while its framework also includes Solana (CRYPTO:SOL), Chainlink (CRYPTO:LINK), Sui (CRYPTO:SUI), Avalanche (CRYPTO:AVAX) and Hyperliquid (CRYPTO:HYPE).

Ripple CEO Brad Garlinghouse has said XRP could support a payments and clearing market worth US$16 trillion each year, although adoption will depend on institutional use.

Grayscale offers investment products linked to XRP and the other cryptocurrencies in its framework, giving investors access through traditional brokerage accounts.

Ripple continues developing payment products using XRP and the XRP Ledger, while broader adoption will depend on network growth, business integration and real-world payment activity.

At the time of reporting, XRP price was $1.09.

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