Ripple CEO Clarifies Multi-Asset Strategy for Cross-Border Payments
Ripple CEO Brad Garlinghouse stated that XRP is not the sole solution for all cross-border payments, noting that stablecoins can be more effective for certain customer needs. His comments, which resurfaced on social media on September 24, originated from a January 22 interview. Ripple's current payment infrastructure supports settlement in various assets, including RLUSD, USDC, USDT, and fiat, allowing for flexibility across different jurisdictions.
Summaries are written by AI from the original article. Not investment advice.