Ripple Expert Reveals Company's True Progress and Possible Gold-Backed Future

A recent event in Las Vegas saw experts discussing the current state of Ripple and its potential future developments.

Jesse from Apex Crypto Insights, who spoke at the event, claimed that Ripple is making significant progress behind closed doors. He stated that the company has been connecting banks to RippleNet at a rate of two to three per week for eight years, but this information is not publicly disclosed.

The expert also questioned the accuracy of Brad Garlinghouse's claim that Ripple aims to capture 15% of the Swift market share. Jesse argued that Ripple and Stellar's presence on the ISO 20022 governance body, which underpins Swift, makes the competition narrative largely fictional.