Members of Ripple’s senior management team announce a series of crypto predictions for the coming year.



In a new blog post, executives offer their predictions on crypto regulation, decentralized finance (DeFi), what will be next for central bank digital currencies (CBDCs), and how scalability and sustainability issues will relate to the field.

Ripple’s general counsel, Stu Alderoty, believes crypto growth in the US is dependent on friendly crypto regulation as the industry continues to mature.

Alderoty predicts that the administration of President Joe Biden will prioritize crypto regulation, hoping that “smart, well thought-out regulations” can help cryptocurrencies in the US “drive innovation and mainstream adoption.”

Alderoty does not directly address allegations by the US Security and Exchange Commission that Ripple has illegally sold XRP as an unregistered security, but recently said the company will provide an official response soon.



As for the fate of the CBDCs, James Wallis, Ripple’s vice president of central bank deals, believes the trend of pegging digital currencies to fiat currencies will continue to evolve.

In the DeFi space, Ripple’s head of DeFi, Michael Zochowski, predicts that “truly beneficial” projects will grow the user base as early projects are consolidated, purchased, or closed. Zochowski also predicts that Ethereum’s market share in the DeFi space will decline this year.

Asheesh Birla, managing director of Ripple’s corporate payment providers network RippleNet, predicts that the status quo of traditional financial institutions will continue to face an increasing threat from financial technology and cryptocurrency companies.

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Regarding scalability and sustainability, Ripple’s chief technology officer David Schwartz envisions moving away from Proof-of-Work technologies.

Monica Long, the general manager of Ripple’s developer platform RippleX, looks at the potential impact of crypto on society, predicting that the year when the first target of crypto will be realized will be 2021.

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