Ripple’s XRP Enters the Big Leagues—SWIFT Integration, SEC Settlement, Stablecoin Surge

Brad Garlinghouse, the CEO of Ripple Labs, dispelled myths in response to an interviewer's query during a recent discussion panel.

Quick overview

  • Brad Garlinghouse, CEO of Ripple Labs, reaffirmed the company's commitment to the XRP coin amidst market challenges.
  • He emphasized XRP's role as a bridge currency capable of handling billions in daily transactions.
  • Garlinghouse predicted that Ripple could capture 14% of SWIFT's annual transaction volume by Q4 2025.
  • Ripple currently provides its payment settlement services to several major global companies.

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Brad Garlinghouse, the CEO of Ripple Labs, dispelled myths in response to an interviewer’s query during a recent discussion panel. Ripple Labs continues to support the XRP coin through adoption initiatives and legislative progress, while many alternative cryptocurrencies adapt their strategies in response to market challenges.

The plot is no longer theirs. We have made and will continue to make a complete commitment.” The CEO of the San Francisco-based tech giant emphasizes XRP’s growing role as a bridge currency, enabling the digital asset to handle daily transactions worth billions of dollars. “Anyone who believes that Ripple is not fully behind XRP is simply missing,” says Brad Garlinghouse, CEO of @Ripple. The original issuer of XRP, Ripple, concluded a six-year legal battle last summer.

They have lost the plot. We are fully committed and will remain so. Brad Garlinghouse’s recent remarks clearly support XRP Ledger’s corporate direction.

The CEO even predicted capturing 14 percent of SWIFT’s annualized transaction volume by Q4 2025, when Ripple’s chain was tested alongside HBAR on SWIFT.

The massive financial conglomerate, with an annual transaction volume of $155 trillion, is seven times larger than the total market capitalization of cryptocurrency, which is close to $4 trillion. Ripple already supplies its fast payment settlement ledger to Santander, SEB, TransferGo, and many other globally recognized publicly traded companies.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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