Hold onto your hats, folks! XRP just hit another major milestone that could send its price into the stratosphere. The Dubai Land Department is teaming up with XRP to launch a $16 billion real estate tokenization project. Yes, you heard that right—billion with a B. Some people are already calling this the start of a potential XRP price rally. Spoiler: they’re probably not wrong.
XRP Hits a Home Run with Dubai’s New Real Estate Project
In a press release that reads like the crypto version of “We’re #1,” Ctrl Alt announced their partnership with the Dubai Land Department (DLD) to build a fancy tokenization system for real estate. You know, the kind that makes you think, “Why didn’t we think of that sooner?” The tokenization will happen on the XRP Ledger, because if you’re going big, why not go with the blockchain that’s been around longer than most of us have cared about crypto?
Let’s be real—XRP’s Ledger isn’t just your average run-of-the-mill blockchain. It’s a decentralized, layer-1 behemoth that’s been reliable since 2012 (so basically forever in crypto years). The goal here is to tokenize real estate deeds, making everything more secure and, well, probably more profitable too. Because, sure, why not?
Reece Merrick, a Ripple Executive, chimed in with a prediction that this project could help tokenize a whopping $16 billion worth of real estate by 2033. That’s right, a mere 7% of property transactions—no big deal—are expected to go down on the XRP Ledger. Get ready for those XRP demand spikes. Seriously. Buy now or regret later.
And let’s not forget John Deaton, a lawyer with *way* too much knowledge about XRP. He was quick to point out that the XRP Ledger isn’t just a pretty face—it’s been home to the world’s first decentralized exchange (DEX) since 2012. Who knew? He basically just said, “I told you so,” but in legalese.
Meanwhile, Cryptoinsight, who probably wears a cape in their free time, is calling this milestone a bullish indicator for XRP. They predict that this could launch XRP to a mind-blowing $12. Not bad for a coin that’s still barely over $2 at the moment. But hey, $12 is totally possible, right? Who doesn’t love a good rally?
Other Recent Wins for XRP and the XRP Ledger
But wait, there’s more! XRP has been on a roll lately. Brazil’s Braza Group just announced that their new USD-backed stablecoin, USDB, will launch on the XRP Ledger. And that’s not all. They’ve already launched BBRL, a Brazilian Real-backed stablecoin, this year. Honestly, if you’re not on board with XRP by now, are you even trying?
Meanwhile, Schuman Financial dropped the first MiCA-compliant euro stablecoin, EURØP, onto the XRP Ledger. Why does this matter? Well, it’s a huge leap for compliant stablecoin adoption and could open up all kinds of possibilities in the European market. Plus, Ripple’s own Mayukha Vadari has teased some very exciting things coming soon to the XRP Ledger. But we’re not spilling those beans just yet.
Currently, XRP is sitting at around $2.30. Up in the last 24 hours, of course. What else would you expect when things are getting so hot?
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2025-05-28 23:11