Rakuten Wallet didn’t add XRP spot buying and selling in isolation. In response to senior analyst Yasuo Matsuda, the transfer displays a selected idea the alternate has been constructing towards: that crypto funds have been caught for years behind two unsolved issues, and that fixing each collectively, not individually, is what lastly makes real-world settlement viable.
The 2-part drawback Rakuten says crypto needed to clear up
Matsuda traced the issue again to Bitcoin’s unique premise: cross-border settlement with out monetary intermediaries. That premise bumped into two sensible partitions. Transaction processing was too sluggish for actual commerce, and value volatility made holding crypto for even quick intervals dangerous.
Stablecoins, in Rakuten’s framing, solved the volatility aspect. XRP, in accordance with Matsuda, was constructed particularly to resolve the velocity aspect. Put collectively, he argues, the 2 lastly shut the hole between crypto’s technical capabilities and what companies really want for settlement.
Company transfers, not retail spending, sit behind the technique
The retail-facing modifications are essentially the most seen a part of this launch. XRP bought by Rakuten Wallet can convert into Rakuten Money, usable throughout Rakuten’s retail community and its Rakuten Ichiba market. Customers can even purchase XRP straight with Rakuten Factors fairly than committing their very own cash, which Matsuda mentioned lowers the psychological barrier for individuals cautious of risking money on crypto.
However Matsuda pointed to a much less seen use case as the true driver: company treasury operations. He cited intercompany settlements, cross-border transfers tied to worker bills, and B2B funds routed by Japanese accounts as underserved wants that crypto settlement rails might open up. These are recurring operational prices for international corporations, not one-off shopper transactions, which is the place Matsuda sees the bigger addressable alternative.
Liquidity as the sensible argument for XRP particularly
Matsuda’s case for XRP over different settlement-focused property rests partly on liquidity. He pointed to XRP’s place because the fourth-largest cryptocurrency by market capitalization as proof of depth adequate for remittance and settlement flows, distinguishing this from property whose utilization skews principally speculative.
A shift in posture, not only a product launch
Matsuda framed the itemizing as one piece of a broader sample: blockchain-based real-world property and safety tokens opening market classes that didn’t beforehand exist, and monetary establishments that have been historically defensive on crypto shifting towards extra energetic participation. He described regulatory posture as shifting in parallel, although he didn’t cite particular coverage modifications.
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