TLDR
- The CEO of Canary Capital said XRP should no longer be seen as a speculative asset.
- Steven McClurg explained that institutions are focused on XRP’s role in settling real-world assets.
- He said prices like $5 or $10 are small when compared to trillions in global financial transactions.
- McClurg emphasized that reliability and transaction volume matter more to institutions than market hype.
- He stated that XRP is already understood by major financial institutions and global capital markets.
The chief executive of Canary Capital, Steven McClurg, stated that XRP’s role extends beyond speculative trading, as he highlighted institutional interest shifting toward real-world asset settlement capabilities, rather than short-term price movements, and emphasized the importance of enterprise-grade infrastructure in today’s financial landscape.
Wall Street Familiarity with XRP
Canary Capital’s Steven McClurg said financial institutions recognize XRP as an established settlement tool. He stressed that XRP is not just another crypto asset driven by market cycles.
He explained that the token functions as financial plumbing meant for enterprise-level operations and high-volume transaction flows.
“XRP is an asset that most of Wall Street and the global capital markets understand,” McClurg stated.
He added that large financial players now discuss integration timelines instead of questioning XRP’s viability. That shift, he said, reflects a clear path toward institutional adoption.
McClurg believes this understanding came from XRP’s design and consistent performance. It allows financial systems to operate faster, with better liquidity and minimal delays.
XRP and the Global Financial Infrastructure
McClurg clarified that institutions do not focus on whether XRP trades at $5 or $10. Instead, they assess its capability to handle trillions in asset settlements.
He said, “Price levels that appear important to retail investors look very different to institutions managing billions.” That contrast shapes different goals for both groups.
Large firms, according to McClurg, prioritize system reliability and scalability above market speculation. They need tools that operate at speed and with consistency.
He emphasized that XRP must be evaluated in the context of the broader global infrastructure. Price is a secondary concern in those calculations.
According to McClurg, performance and volume capacity matter more than headline figures. This utility-focused approach drives institutional interest in the network.
Limits and Competitive Positioning
McClurg admitted that XRP Ledger focuses more on stability than innovation. That decision helps preserve reliability in large-scale operations.
He acknowledged this might limit flexibility when compared to experimental blockchains. However, institutions often value consistent performance over rapid innovation.
“Institutions want systems they can rely on under pressure,” McClurg said. He explained that reliability ensures long-term integration into global markets.
While some platforms may offer broader customization, McClurg argued that XRP’s advantage lies in its predictability. That makes it attractive to institutional infrastructure.
He concluded by saying that XRP’s value is no longer speculative in nature. It now depends on how well it handles real-world demands.
