• Ripple’s head of payments, Oliver Segovia, says that “everything computes via tokens” and “everyone transacts via tokens.”
• Tokenization of real-world assets remains central to the future of XRP, with a survey by Ripple finding that 72% of global finance professionals expect to explore the application within the next three years.

Tokenization remains at the heart of Ripple’s vision for the future of XRP, with the XRP Ledger gradually becoming home to seamless token technology. As a Ripple executive recently pointed out, tokens are at the heart of everything in the computing and payments world.

Last year, Ripple conducted a study that polled over 1,700 senior professionals in the financial services industry. It found that 72% expect their organizations to explore tokens by 2026, showcasing how critical the application is to the future of  XRPL and the entire sector in general.

Oliver Segovia, the head of payments marketing at Ripple, recently took to X to share his thoughts on the impact of tokens, stating:

Everything computes via tokens. Everyone transacts via tokens.

Born in the Philippines, Segovia previously held various roles at Coinbase and Google Pay. He has been involved in some of Ripple’s groundbreaking efforts to offer innovative features and products, including its latest push into stablecoins—although, as CNF reported, it seems to have brushed potential rivals the wrong way.

On the stablecoin, Segovia opined, “I’ve seen firsthand the demand for stablecoin payouts esp in emerging markets like the Philippines – where I grew up. Ripple has more than a decade of experience in blockchain-based solutions for enterprise use cases,” making it the ideal company to compete with Tether and Circle in the fast-growing stablecoin market.

Tokenization on XRP Will be a Gamechanger

Tokenization will be blockchain technology’s most significant opportunity—that much is clear. From HSBC and the Boston Consulting Group to Goldman Sachs and Deloitte, to governments in the US, UK and beyond, every other major entity has touted the massive opportunity and impact it could have.

In its report on tokenization last year, Ripple noted: “Finance leaders are particularly optimistic about the impact of tokenization on securitized assets like mortgages and asset-backed securities, and enterprises see the most potential in the metaverse and for events or ticketing.”

Ripple believes that bringing assets on-chain is just the first step. The market must also build protocols and marketplaces where these tokens can be freely traded, sparking a new wave of financial applications.

Brad Chase, the head of liquidity products at Ripple, commented:

As assets are tokenised, we will quickly see expansion of supporting financial instruments like derivatives, as well as novel use cases that only a blockchain foundation enables.

XRP trades at $0.5067 and has traded sideways for the past day amid a 10% dip in the trading volume.

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