Foreign media: The Digital Asset Management Agency, Grayscale, in a market-view article, lists XRP as a representative block chain of the global payment track. The core judgement of the article is that mainstream encryption networks are being re-pricing for different purposes, and that the location of XRP is closer to a cross-border payment infrastructure rather than a universal-type platform.
Grayscale mainstream network by purpose
According to the article, Grayscale does not treat mainstream encrypted assets as a competing product, but rather distinguishes between the problems they address. In the framework, bitcoin still corresponds to the narrative of “digital currency”, and the Ethera remains the main representative of the smart contract platform.
Under this classification, XRP is placed in the global payment scene. Grayscale argues that XRP Ledger was designed from the very beginning for low-cost, fast-track cross-border transfers, unlike the network of decentralized applications for major services.
XRP highlighted the efficiency of cross-border transfers
The article mentions that XRP Ledger transactions can be completed in seconds at very low cost. Such features make it easier for them to be used by financial institutions, paying service providers and financial science and technology companies for international transfer of funds.
Grayscale thus argues that the narrative of XRP does not rely on “general public chain” competition, but rather is based on the picture of payment efficiency and real financial use. As agencies become more concerned about the actual use of assets, such positioning is more easily identified separately.
Ripple and RLSD are considered ecological support.
The article also mentions that Grayscale's judgment is largely consistent with Ripple's move in recent years. Ripple continuously expands its global payment network and promotes the convergence of the XRP Ledger support infrastructure to the enterprise level.
Reference is also made to the RLUSD stabilization currency, which is considered to enhance the ecological integrity of XRPL in payment and financial settlement. In that context, the inclusion of RLUSD has moved XRPL away from being seen as a single-currency network, but closer to the bottom of the global financial flow of services.
In addition, reference was made to the recent collaboration between Ripple and the University of Kansas, where the XRP brand would appear in the context of the sports project. According to external sources, such cooperation is more a reflection of the expansion of brand names than a direct change in the basics of their payment operations.
Overall, the commentary seeks to illustrate the trend that, in assessing encrypted assets, institutions are placing greater emphasis on specific uses rather than viewing different networks as comparable assets that can be replaced by one another. Within this framework, Grayscale puts XRP on the global payment track and sees this position as one of its more mature practical applications.