Ripple CEO Brad Garlinghouse emphasizes in a new video that the company remains committed to XRP. According to him, the cryptocurrency is crucial for Ripple’s global growth strategy.
Ripple remains loyal to XRP
The discussion about Ripple’s relationship with XRP is flaring up again. But according to CEO Brad Garlinghouse, there is no doubt about this: “Anyone who thinks that Ripple is not fully behind XRP is completely clueless. They have really lost their way.”
The message is clear: Ripple remains fully committed to XRP as the backbone of the global payments system the company wants to build. While other crypto projects regularly change strategies, Ripple sticks to its original mission: a faster, cheaper and cross-border payment infrastructure with XRP as a bridge currency.
Legal battle boosted confidence in XRP
Ripple’s year-long lawsuit with the U.S. Securities and Exchange Commission (SEC) provided a crucial test of XRP’s legitimacy. The company has now received more legal clarity, which has strengthened confidence in the cryptocurrency.
Despite the storm, Ripple stuck to its strategy. The focus on institutional adoption led to collaborations in Asia, the Middle East and Latin America. Central banks are also showing interest in XRP as an infrastructure component for future digital currencies (CBDCs).
Bale: XRP to $10,000?
Crypto analyst Bale, who posted the interview with Garlinghouse on X, is decidedly optimistic. He thinks Ripple’s continued support could take XRP to $10,000 in the future. A bold prediction, but one that he believes fits the unique role of XRP in the global financial system.
Whether that price target is realistic is doubtful. But it does show the conviction among supporters of the project. Ripple continues to grow, XRP is deeply ingrained in the technology – and Garlinghouse leaves no doubt: “We remain 100% committed.”
Source: https://newsbit.nl/garlinghouse-wie-denkt-dat-ripple-niet-100-achter-xrp-staat-is-de-weg-kwijt/
