- The CEO of Ripple Brad Garlinghouse explains the value of XRP.
- He says any project that solves a problem and creates value by doing so will thrive.
- A token with value is created when it solves a problem and XRP is solving a big one.
Ripple’s CEO Brad Garlinghouse draws light to XRP’s pivotal role in tackling a multi-trillion dollar challenge. He explores how XRP takes on these challenges and fuels an immense demand. XRP is a powerhouse in payments and its global presence in the sector puts it in a solid position for explosive growth.
To start off, Brad Garlinghouse mentions how analysts are expecting XRP to explore. He talks about how far XRP will go as the project is successfully solving a multi-million dollar problem. He also notes how XRP is integrated into this flow which will draw a lot of attention to XRP.
He marks how Ripple is focused on payments and how XRP takes a lot of friction out of moving this 27 trillion in funds. However, there are many consumer use cases where XRP can be an efficient digital asset and the potential to accomplish more still exists.
Garlinghouse even compares Ripple and XRP to Amazon as how Amazon used to opny be focused on books and now it caters to almost everything. Similarly, he talks about how Ripple is focused on payments alone but XRP can be used to solve more than just liquidity in a larger consumer user case challenge.
Solving liquidity on a global basis is how Ripple and XRP got started. He then says Ripple is actively pursuing other use cases for XRP be it both in consumer-centric and marketplaces for entrepreneurs and companies to establish themselves in the crypto space.
Garlinghouse also touches on how amazing it is to see that traditional entities are slowly beginning to explore the crypto space showing a bullish sign for the blockchain and Bitcoin space. Although he says these entities are not directly joining the space but rather exploring the space through partnerships like XRP.
