Markus Infanger, Senior Vice President of Ripple, has refuted claims of a disconnect between XRP's market price and its real-world demand. In a recent interview, Infanger emphasized that XRP's valuation aligns with its expanding applications in payments and financial infrastructure. He highlighted the growth of tokenized assets on the XRP Ledger (XRPL), which surged from $100 million to over $2 billion within a year, underscoring institutional interest. Infanger also noted the impact of the XRP Spot ETF in the U.S., which has bolstered liquidity and reinforced XRP's role as a settlement asset. He addressed concerns about stablecoins like RLUSD, asserting that they complement rather than compete with XRP, enhancing liquidity and financial use cases. Ripple's expansion in Japan, facilitated by a partnership with SBI Group, further demonstrates the integration of digital assets into financial systems, supported by Japan's regulatory framework.