In August 2024, Morgan Stanley highlighted as a transformative force, emphasizing its potential to transform international payments through distributed ledger technology.
The report lauded Ripple’s (XRP) superiority over the traditional SWIFT system, emphasizing Ripple’s (XRP) faster, more energy-efficient consensus protocol. Yet, in a surprising twist, Morgan Stanley’s latest commentary indicates skepticism about Ripple’s (XRP) long-term prospects, even with its strategic banking integrations.
January 2025, Morgan Stanley’s CEO, Ted Pick, expressed enthusiasm about entering the cryptocurrency space, highlighting the bank’s regulatory collaborations to use digital asset services.
Despite this, Morgan Stanley’s optimism didn’t translate into a bullish stance on Ripple (XRP). Ripple’s (XRP) On-Demand Liquidity (ODL) service promised cost-effective, real-time transactions without pre-funding requirements. However, Morgan Stanley’s analysis warns that its success hinges on continued banking adoption, a factor heavily influenced by regulatory landscapes and competition from AI DeFi platforms.