Teucrium CEO Shares How Ripple Could Become a Top 10 Global Bank With $240B Valuation in XRP Alone

The potential transformation of Ripple into one of the world’s largest banks via $XRP is gaining attention.

Sal Gilbertie, CEO of Teucrium, outlined a scenario where the company’s massive $XRP holdings alone could propel it into the ranks of the most capitalized financial institutions.

In an interview with Paul Barron, Gilbertie argued that traditional methods of valuing companies fail to capture how crypto-based balance sheets could reshape financial markets.

Key Points

• Sal Gilbertie says Ripple could rank among the top banks if its $XRP holdings surge in value.

• With about 40B $XRP, Ripple’s balance sheet could reach $120B at $3 and $240B if the token hits $6.

• Ripple’s push to launch a national bank gained traction after provisional approval from the Office of the Comptroller of the Currency.

• Gilbertie believes stablecoins like $RLUSD could drive the next financial battle between banks and crypto firms.

$XRP Holdings Could Reshape Ripple’s Banking Ambitions

Gilbertie pointed to Ripple’s roughly 40 billion $XRP holdings. He suggested that if the company secures a banking license and holds those assets on its balance sheet, it could immediately achieve enormous capitalization.

For instance, if $XRP were around $3, those holdings alone would represent roughly $120 billion in assets. That figure, he noted, would place Ripple among the top 20 most capitalized banks globally.

Gilbertie further explained that if $XRP rises beyond that level, say, $6, the company’s valuation could climb even higher to $240 billion. Specifically, he sees such a potential outcome pushing Ripple into the top 10 banks by capitalization.

Gilbertie emphasized that crypto valuations often confuse observers who focus strictly on circulating capital. In reality, only a portion of tokens actively trade at any given time. Many investors often choose to hold assets in private wallets rather than on exchanges.

Ripple Moves Toward Banking Status

The discussion comes as Ripple continues pursuing its banking ambitions in the United States. In December 2025, the company received provisional approval from the U.S. OCC to charter Ripple National Trust Bank.

The move marked a major step toward integrating with the traditional financial system. Ripple CEO Brad Garlinghouse described the approval as a key milestone for expanding the company’s U.S. operations and strengthening the regulatory standing of its dollar stablecoin $RLUSD.

If the bank ultimately launches, Ripple would operate under federal oversight. At the same time, it will maintain state supervision for $RLUSD through the NYDFS.

Stablecoins Could Become the Real Battleground

Gilbertie also highlighted the growing importance of stablecoins in the evolving financial landscape. He argued that both traditional banks and crypto-native companies will likely rely on their own stablecoins to compete in the next phase of financial innovation.

In his view, the stablecoin sector could trigger competition similar to the historical battles between money market funds, as institutions fight to control digital liquidity.

Gilbertie added that if Teucrium ever required a stablecoin for operational use, the firm would have no hesitation using $RLUSD. As a client within Ripple’s ecosystem, he expects the company to gradually integrate blockchain-based settlements into its financial products.

Crypto’s Potential May Still Be Underestimated

Gilbertie ultimately suggested that the crypto market could grow far beyond current expectations. Unlike traditional markets, where valuation depends on fully tradable shares, digital assets often have a smaller actively traded supply, which can amplify price movements as demand grows.

Within that framework, he said Ripple’s potential banking model, combined with its $XRP treasury and stablecoin infrastructure, could create a financial institution with capitalization levels rivaling the largest banks in the world.