The final day of Ripple’s Singapore conference brings heightened attention to XRP’s use cases in Asian cross-border payments. Panel discussions have focused on CBDC interoperability, with Thailand’s central bank confirming pilot tests using Ripple’s liquidity solutions for baht remittances.
Market makers note increased XRP/THB trading volume on Bitkub and Upbit, though price action remains rangebound between $0.48-$0.52. Derivatives data shows open interest rising 18% since the event began, predominantly in call options targeting $0.60 strikes expiring post-conference.
While no major partnerships have been announced yet, observers speculate Ripple could unveil new On-Demand Liquidity corridors targeting Southeast Asia’s $150B remittance market. Success here might help XRP break its multi-year correlation with Bitcoin, though regulatory hurdles in Malaysia and Indonesia remain significant barriers to adoption.