Think Big? Multiply It By A Billion — XRP Tied To ‘Greatest’ Global Meeting: CEO
BankSocial's CEO, John Wingate, claims a significant meeting with Ripple's team, sparking speculation about a potential collaboration involving BankSocial, Hedera, XRP, and Ripple. Wingate confirmed that XRP is now part of BankSocial's roadmap alongside HBAR, suggesting a dual-chain system where HBAR manages backend operations and state checks while XRP facilitates cross-border transactions. Each token has a distinct role: HBAR operates the Hedera Consensus Service, XRP handles international cash transfers, and BankSocial's token (BSL) is used for lending and governance. Wingate envisions a vast network connecting banks and blockchains to tokenize real-world assets, though no formal agreements or timelines have been disclosed. Recent communications indicate plans for a multichain system incorporating XRP Ledger support, but no official confirmation from Ripple or Hedera exists. The market remains cautious as developments unfold.
