What Drives XRP's Value If It Can Be Reused Every Few Seconds?

What drives XRP’s value if it can be reused every few seconds is framed around how XRP functions in Ripple’s cross-border transfer system rather than as a long-term holding. The article states XRP is designed to settle payments in about three to five seconds, with banks buying XRP to carry value briefly across borders and then selling it on the other side, meaning the transfer chain does not hold the coin. It argues that usage frequency does not necessarily translate into higher price, because price depends more on how many people hold XRP at a given time. It cites ledger activity this month showing XRPL passed one million payments made by AI agents, while new wallet creation fell to the lowest level since November 2024 and XRP price stayed near its lowest point of the year, down about 68% from a year ago. The piece also discusses “burn” mechanics, noting about 14 million XRP have been burned historically—only 0.014% of supply—and that even clearing circulating supply at the fastest burn rate would take more than 10,000 years.