XRP News Today: Western Union and MoneyGram XRP Adoption Could Push Price to $94.56: Analysts

If Western Union and MoneyGram were to adopt Ripple’s XRP for cross-border transaction settlements, analysts project a potential surge in demand for the token. The two firms, together facilitating over $350 billion in transfers annually, could significantly influence XRP’s price if they integrate the cryptocurrency into their systems [1].

According to one model, if both companies begin using XRP and maintain substantial reserves for efficient settlements, the market could require around $4.79 billion in XRP, supported by approximately $14.37 billion in circulating supply to avoid liquidity bottlenecks. Considering speculative trading and long-term holding patterns similar to Bitcoin, the token’s price could rise to approximately $12 [1].

A second, more aggressive model suggests a scenario where both companies fully rely on XRP for all transactions, replacing traditional fiat corridors. In this case, XRP demand could reach $700 billion. Dividing this by the circulating supply of 59.23 billion XRP yields a base price of $11.82. When factoring in market enthusiasm, long-term accumulation, and institutional adoption, the price could potentially climb to as high as $94.56 [1].

It is important to note that these figures are based solely on the assumption of adoption by Western Union and MoneyGram. They do not include potential usage by other remittance providers, central banks, or the deflationary mechanisms of XRP’s supply, which could further push the price beyond $100 [1].

Historically, MoneyGram used Ripple’s xRapid technology from 2019 until 2023, but the partnership ended due to Ripple’s legal issues with the U.S. Securities and Exchange Commission [1]. Western Union tested Ripple’s xRapid in 2015 but never adopted it at scale [1]. If regulatory clarity emerges and these firms choose to reintegrate XRP, it could spark renewed institutional interest and broader market acceptance [1].

However, the scenario remains speculative and heavily dependent on regulatory developments, strategic decisions by the companies, and broader market dynamics [1]. Other analysts have proposed more conservative price targets for XRP by 2025, with a maximum of $5.40, an average of $4.50, and a floor price of $3.60 [4]. These differences reflect the wide range of assumptions regarding adoption rates and regulatory clarity.

Regulatory uncertainty has long constrained the adoption of XRP among risk-averse institutions [5]. If Western Union and MoneyGram were to reintegrate the token under a clearer regulatory environment, it could signal a shift in institutional confidence and drive greater market acceptance [5].

Source:

[1] Here’s the XRP Price if Western Union and MoneyGram Start Using Ripple for Settlements (https://coinmarketcap.com/community/articles/688c683ce208db3ef99a4533/)

[4] XRP price prediction 2025-2031: Will XRP reach $5? (https://www.cryptopolitan.com/xrp-price-prediction/)

[5] Blockchain in Cross-Border Transactions: Hype vs. Reality (https://www.linkedin.com/pulse/blockchain-cross-border-transactions-hype-vs-reality-mallick-ab1tc/)