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Ripple CEO: XRP is Solving a Trillion-Dollar Problem

Ripple CEO: XRP is Solving a Trillion-Dollar Problem

In a recent address, Ripple CEO Brad Garlinghouse emphasized the company's longstanding commitment to working alongside regulators and partnering with established financial institutions.

From the very beginning, Garlinghouse noted, Ripple has engaged directly with regulatory bodies and collaborated with regulated entities like banks, creating an environment free from regulatory uncertainty.

This strategic approach, he explained, has contributed significantly to XRP’s strong performance. Garlinghouse pointed out that many investors are recognizing the potential of XRP, asking whether it could be “the next Bitcoin.” However, he stressed that Ripple’s goal has always been to work within the existing financial system rather than against it.

“If we work with the system to solve a major problem — one measured in the trillions of dollars — and solve it at scale,” Garlinghouse said, “there is enormous opportunity to create value with XRP.”

By targeting real-world financial challenges and collaborating closely with the institutions that shape the financial landscape, Ripple believes it is positioning XRP as a vital part of the future global economy.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

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