Tokenization will not change the fate of ETH and XRP
Date: 2025-08-19 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
A well-known Bitcoin supporter, Pierre Rochard, said that the introduction of tokenized solutions for institutional investors will not be able to surpass the existing infrastructure. He recalled the work of DTCC, which provides clearing and settlements for securities, while remaining a reliable cooperative for its participants. Large companies, he emphasized, have no incentive to abandon a proven model for the sake of networks where commissions are artificially burned for the sake of token price growth, but operating costs are maintained.
Rochard especially noted that ETH and XRP do not offer advantages over platforms such as NASDAQ or ICE. These exchanges operate stably, provide quick access to trading and charge minimal fees. In contrast, the expert added, altcoins are more designed for investors who cannot open a brokerage account but have the opportunity to use crypto wallets. According to him, ETH and XRP actually benefit from the most vulnerable market participants by shifting commission costs to them.
Roshar named the competitive environment of the blockchain ecosystem as another serious barrier to the expanded use of altcoins. Since the source code of blockchains is open, new projects are constantly emerging that can destroy existing business models. As a result, the analyst is sure that the decisive role is played not by the practical value of the network, but by marketing. This is where, in his opinion, stablecoins like USDT, which are already displacing ETH and XRP from the forefront of the payments and transfers sector, will take the leading positions.
Roshar also recalled that at the beginning of the year he accused Ripple of preventing the United States from forming a strategic reserve in bitcoin. Moreover, he predicts a “turbulent decade” for the first cryptocurrency: according to his expectations, massive investments from large funds will create a strong capital inflow into Bitcoin and determine the further development of the market.
Thus, Roshar continues to adhere to the position that neither ETH nor XRP have a long-term advantage for institutional players and mass use. In his opinion, the future of digital assets will be associated with Bitcoin and stablecoins, while tokenization performed by altcoins will be futile.
