Ripple, which has obtained a license to issue stablecoins, could surpass $10 next year

Ripple, which has obtained a license to issue stable coins (coins with no price fluctuations), may surpass $10 next year, according to IT media Tech Point on the 10th (local time).
The news that the US financial authorities had given Ripple permission to issue stablecoins on the same day led to Ripple's price at $2.26, up 6% from 24 hours earlier.
Ripple has risen by around 10% at one point. However, TechPoint points out that Ripple's real strength is its international settlement system. Ripple has fallen to almost zero.
It is known for its low fees and fast transactions (2-5 seconds). In this context, the adoption of blockchain is rapidly increasing around the world, and it is likely that Ripple will be more widely adopted for international payments.
Currently, international payments made by existing banks are notorious for their high fees and slow processing speeds. In comparison, Ripple processes international payments quickly and cheaply through RippleNet.
Therefore, Ripple is expanding its relationships with existing financial companies, such as by partnering with existing major financial companies like Bank of America (BoA).
As a result, demand for Ripple is sure to soar. It is also overcoming legal obstacles one by one. Ripple Labs, the company that issues Ripple, has been indicted by the US Securities and Exchange Commission.
The company has been fighting a long legal battle with the Securities and Exchange Commission (SEC), which oversees the sale of cryptocurrencies, and has cleared many of the roadblocks.
The SEC Commissioner has been appointed as the SEC Chairman, which is expected to completely remove any remaining obstacles. Therefore, I would not be surprised if Ripple surpasses $10 next year.
Meanwhile, Ripple’s all-time high was $3.84, which was recorded in January 2018.