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Markets

Expert: $10 Is Too Low for XRP. Banks Are About To Send It Much Higher

Crypto Crusaders creator Levi Rietveld posted a video breaking down a May 6, 2026, transaction involving Kinexys by JP Morgan, Ondo Finance, MasterCard, and Ripple. He says the deal is bigger

AnonymousCryptoCompass newsroom
June 22, 2026
3 min read
NEWS
Expert: $10 Is Too Low for XRP. Banks Are About To Send It Much Higher
CryptoCompass editorial visual for markets coverage.

Crypto Crusaders creator Levi Rietveld posted a video breaking down a May 6, 2026, transaction involving Kinexys by JP Morgan, Ondo Finance, MasterCard, and Ripple. He says the deal is bigger than most people realize and could trigger an XRP price rally.

The Transaction Rietveld Is Watching

Rietveld explains that the XRPL and JPMorgan entered a partnership as of May 6, 2026. He drew attention to Kinexys, which he has previously covered, and noted that the collaboration also includes Ondo Finance, MasterCard, and Ripple.

According to Rietveld, the group completed the first near-real-time cross-border, cross-bank redemption of a tokenized U.S. Treasury fund. He says this linked the public XRP ledger with traditional interbank settlement rails.

Mechanics of the Settlement

Rietveld walks through the mechanics. Ripple redeemed a portion of its OUSG holdings, Ondo’s Short-Term U.S. Government Treasury fund, on the public XRPL blockchain. Rietveld says this leg was processed in under five seconds.

MasterCard then routed the fiat payout instruction through its multi-token network, bridging on-chain assets with traditional finance.

Kinexys by JP Morgan debited Ondo’s blockchain deposit and settled USD proceeds to Ripple’s bank account in Singapore via its correspondent banking network. Rietveld notes the flow was outside traditional banking hours, showing 24-7 capability.

Why This Is A Catalyst for XRP Price

Rietveld connects this transaction to the scale of global cross-border payments. He notes that trillions of dollars in cross-border payments settle every single day worldwide. He said if even a portion of that volume moves onto the public blockchain, such as XRPL, that represents trillions of additional dollars flowing through XRP.

He frames the May 6 transaction as proof of concept rather than a one-time event. In his view, a major bank like JP Morgan choosing to route a real settlement through the XRP ledger signals where institutional infrastructure is heading.

Rietveld also references a target he says is built into ClearSight: $100 per XRP. He believes that $10, which many see as a high target, undersells what this kind of institutional integration could eventually support.

What This Means For XRP Holders

Rietveld’s video shows that a regulated bank, a major card network, and a tokenized asset platform completed a live settlement using the XRP ledger as the on-chain rail. That transaction moved real treasury holdings and settled real dollars in a single coordinated flow.

As tokenization and bank settlement infrastructure continue to adopt the XRPL, he expects transaction volume on the network to rise. He expects that volume to support a much higher price for XRP over time.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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