Key Takeaways
- XRP’s “north star” status is shifting from narrative to day-to-day treasury operations.
- Anodos Finance says it has bought, held, and paid employees with XRP since 2023.
- Cross-chain liquidity advantages could expand XRP’s use across products and networks.
XRP Treasury Use Highlights Cross-Chain Liquidity Strategy
XRP is moving from market thesis to operating strategy as treasury use becomes a more visible test of crypto utility. In a market still shaped by speculation, working use cases carry greater weight. Buying, holding, and paying with one asset signals a practical test of liquidity, durability, and utility across changing market conditions.
Panos Mekras, co-founder and CEO of Anodos Finance, said XRP’s role extends beyond a single blockchain network. In a May 31 post on X, he described XRP as a connective asset that can move across ecosystems including XRPL, Solana, and Flare. His comments reflect a broader push toward interoperability, where assets can move across chains instead of remaining trapped within isolated networks. He shared:
“We have been buying XRP for our treasury, holding, paying our team since 2023. Whether that’s XRPL, Solana, Flare or another chain, XRP is everywhere and it’s how we connect the best chains to get the best of every world,” the executive added.
Mekras’s characterization of XRP as a “north star” mirrors language used by Ripple leadership. Ripple CEO Brad Garlinghouse has positioned XRP at the center of the company’s payments, custody, treasury, and liquidity initiatives. The overlap reflects a broader thesis emerging across parts of the XRP ecosystem— that the asset’s long-term value proposition depends less on a single blockchain and more on its ability to function as a liquid bridge across products, institutions, and networks.
Ripple Link Gives XRP’s Cross-Chain Push a Larger Institutional Frame
Mekras also argued that XRP’s market position supports demand beyond simple ownership. He pointed to the asset’s liquidity and established presence across the digital asset market as factors that encourage broader participation. He suggested that XRP’s appeal increasingly stems from its use across products, networks, and financial applications rather than from trading activity alone.
The strategy may appeal to teams that want treasury flexibility without limiting operations to a single blockchain. Holding and paying with XRP creates direct exposure to the asset, while cross-chain access can expand where that exposure becomes useful. Ripple CEO Brad Garlinghouse has similarly highlighted XRP Ledger’s speed, low transaction costs, scalability, and its multibillion-transaction history as key differentiators.
The Anodos Finance CEO also pointed to a pricing gap that may strengthen the cross-chain argument. He said, “Surprisingly enough (or not), buying $100K worth of XRP on Solana will give you a better price than XRPL.” Examples shared alongside the comment indicated that a $100,000 purchase could yield more XRP through Solana-based liquidity than through XRPL. The comparison highlights how liquidity depth, trade routing, and execution quality across networks can influence pricing for larger transactions.
Mekras also noted on X:
Source: https://news.bitcoin.com/xrp-north-star-thesis-gains-momentum-beyond-ripple/
