Ripple CEO Brad Garlinghouse has dismissed claims that the company is abandoning XRP, labeling such assertions as "ridiculous and strange." Speaking at the XRP Las Vegas conference, Garlinghouse emphasized that Ripple remains the largest holder of XRP and is deeply invested in its success. He highlighted Ripple's strategic focus on enhancing XRP's utility, liquidity, and trust among global financial institutions.
Garlinghouse also addressed concerns about Ripple's initiatives, such as stablecoins and the Treasury, which some believe could overshadow XRP. He clarified that these efforts are designed to support the XRP ecosystem indirectly. Ripple's expansion includes active promotion of XRP and the Ripple Treasury, with advertisements and branded transportation at events in Las Vegas. Garlinghouse noted that 2026 is a record-breaking year for Ripple, with approximately 1,500 employees.
Additionally, Garlinghouse discussed the broader potential of the XRP Ledger, which extends beyond Ripple's ecosystem. He praised the early developers of the XRP Ledger for creating one of the first decentralized exchanges and highlighted the potential for blockchain to modernize traditional financial systems. Garlinghouse reiterated Ripple's commitment to a multi-chain future, where the XRP Ledger plays a key role in delivering real-world value.
Ripple CEO Brad Garlinghouse Reaffirms Commitment to XRP Amid Expansion
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
