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It was a quiet Saturday session. There were no Court rulings from the ongoing\u00a0SEC v Ripple<\/a>\u00a0case to move the dial. The lack of Court rulings left XPP in the hands of the crypto news wires. A Bank of America (BAC<\/a>) report<\/a> did the rounds on Saturday, providing a rosier outlook for Ripple and XRP.<\/p>\n Ripple was a focal point in one section of the Breaking New Ground \u2013 Harnessing Payment Innovation in APAC \u2013 report relating to the impact of real-time activity and blockchain in the APAC region, stating,<\/p>\n \u201cIt has played an important role in helping to digitize trade documentation, as the technical basis of the smart contract, but in cross-border payments, the work of Ripple is a possible exception, its impact has been limited.\u201d<\/p>\n<\/blockquote>\n The report insinuates that Ripple is an exception to the rule regarding the failures in delivering cross-border payments alternatives. The Bank of America report provided another favorable account of the Ripple cross-border payment products.<\/p>\n On Friday, news of Ripple entering the tokenized real estate space<\/a> was also XRP positive, with the Ripple platform continuing to grow despite the SEC v Ripple case.<\/p>\n Central Bank Digital Currencies have gained traction this year. Ripple is actively exploring CBDCs and use cases of CBDCs and stablecoins in the real world. Ripple CBDC advisor Antony Welfare had this to say,<\/p>\n \u201cCBDCs are gaining traction globally, and Ripple CBDC team are focusing in on real-world use cases for a CBDC or stablecoin.\u201d<\/p>\n<\/blockquote>\n Welfare offered two real-use cases related to real estate tokenization, including allowing users to tokenize real estate as collateral for loans.<\/p>\n It is a quiet Sunday session, with no US economic indicators to influence. The lack of US economic indicators will continue to leave XRP in the hands of the crypto news wires.<\/p>\n A shift in sentiment toward the SEC v Ripple case would move the dial. Optimism has waned since the SEC released<\/a> the William Hinman speech-related documents.<\/p>\n While the SEC v Ripple case will remain the focal point, investors should monitor SEC and US lawmaker chatter. Binance, SEC v\u00a0Binance<\/a> and\u00a0Coinbase<\/a>\u00a0(COIN<\/a>)-related news also needs consideration.<\/p>\n<\/div>\n\n
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The Day Ahead<\/h2>\n