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Ripple and XRP predicted to be key in future financial systems, unlike Bitcoin, says ex-US official.

Market News
03 Jul 2026
Crypto Economy
View Source
Bullish
pluang ai news

Catherine Austin Fitts, former US Assistant Secretary of Housing and Urban Development, predicts Ripple and its token XRP will play a crucial role in the emerging financial infrastructure, particularly for cross-border payments. She argues that Bitcoin lacks the utility needed for institutional payment rails and may instead be sold to governments rather than becoming a core settlement system. Fitts highlights that institutions are already adopting Ripple and Stellar networks, using XRP and XLM for efficient, large-scale value transfers. This view positions XRP as foundational financial plumbing, while Bitcoin's future role remains uncertain and more asset-like than infrastructural.

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