Ripple update: How would an economic reversal affect XRP/Crypto
I came across [–this article–](https://palisade-research.com/fed-pushing-us-into-recession/) over at r/economics that points out yet another reason to suspect an economic reversal. Mind you I don’t believe this is a collapse, but a reversal. Anyways, one of the main points of the article is that lending will dry up. It got me thinking about what that might mean which inevitably led to the realization that I don’t know shit about what that might mean.
What are everyone’s thoughts on the effects on XRP (and crypto in general) might be if lending becomes more difficult for FI?
What other important insights might exist?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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