Versan Aljarrah of Black Swan Capitalist is making a broader case for XRP than the usual market-cycle prediction. In a X post titled How XRP Becomes a Global Reserve Asset, he argues that XRP’s long-term role is not limited to payments or bridge liquidity, but could extend to becoming a neutral settlement layer inside a digitized global financial system.
How XRP Becomes A Global Reserve AssetHe argues that reserve assets derive legitimacy from official acceptance, not price action. “Before any asset can become a global reserve instrument, it first needs sovereign legitimacy,” he wrote. “Reserve assets, whether gold, the US dollar, or Electronic Special Drawing Rights (ESDRs) derive their credibility not from market speculation but from their acceptance and usage by nation-states.”
That leads into one of the strongest claims in the thread. “Therefore, it is not a matter of ‘if,’ but ‘when’ nations begin leveraging XRP to solve monetary inefficiencies,” Aljarrah said. “Countries all over the world have already integrated XRP into their payment rails and are already using it for cross-border settlements. That sets the stage for global institutional acknowledgment.”
“By reducing its holdings, Ripple effectively decentralizes its influence over XRP, making it legally neutral, non-sovereign, and globally accessible, requirements for an asset to achieve reserve and settlement status,” he wrote. “Once Ripple’s holdings fall under the Clarity Act’s compliance thresholds, institutional adoption accelerates, and sovereign nations can hold and transact with XRP without triggering securities laws.”
Only after those two conditions are met does Aljarrah bring in the IMF. He argues that in a tokenized financial system, XRP could begin to resemble a programmable reserve settlement instrument. “Once integrated as a reserve asset, the valuation of XRP would be determined by its settlement utility, liquidity depth, and transaction output within a network of sovereign participants and multilateral institutions such as the BRICS,” he wrote.
“This is probably the most important piece because price discovery would shift from noise to institutional liquidity corridors, where value reflects the asset’s function in global settlement operations. In essence, XRP’s price would be measured by how much value it moves.”
Aljarrah closes by framing XRP less as a speculative crypto asset and more as infrastructure. “This isn’t just about XRP, it’s about the transition from a centralized, dollar-dominated financial order to a multipolar, interoperable system powered by digital assets, infrastructure, and neutral settlement technologies,” he wrote.
For readers following the XRP story, the message is clear: this is not a near-term trading thesis, but a long-horizon argument about reserve status, monetary plumbing and the future architecture of global liquidity.
At press time, XRP traded at $1.3576.
