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Ripple CEO Garlinghouse: XRP Is At the Core of What Ripple Wants to Do

Ripple CEO Garlinghouse: XRP Is At the Core of What Ripple Wants to Do

Timestabloid2025/02/08 16:00
By: By Solomon Odunayo
CORE+3.85%BTC+0.70%TON+3.01%

A recent post by JackTheRippler (@RippleXrpie) on X reignited discussions about XRP’s potential to reach the same level of success as Bitcoin.

The post included a clip from a Bloomberg interview featuring Ripple CEO Brad Garlinghouse, who highlighted XRP’s regulatory-friendly approach and its role in solving large-scale financial problems.

JackTheRippler emphasized that at the time of Garlinghouse’s statement, Bitcoin was priced at $9,000, implying that XRP could follow a similar growth trajectory. Bitcoin is now over $100,000, and the community expects a massive rally for XRP soon so it can catch up.

🚨 #Bitcoin was at $9,000 When Brad Garlinghouse confirmed that #XRP has the potential to become the next Bitcoin!

🔊⤵️🍿 pic.twitter.com/Xw8huA4jl1

— JackTheRippler ©️ (@RippleXrpie) February 9, 2025

This post quickly gained attention within the cryptocurrency community, sparking debates on whether XRP has the potential to become “the next Bitcoin,” as Garlinghouse suggested in the interview.

Notably, experts have previously referred to XRP as the next Bitcoin . While both assets serve different purposes, Garlinghouse’s comments reinforced Ripple’s long-standing strategy of working within the financial system rather than outside.

Ripple’s Commitment to Regulatory Compliance

Ripple has consistently positioned itself as a company that works within regulatory frameworks. Despite the war on crypto by the U.S. Securities and Exchange Commission (SEC) under former Chair Gary Gensler, Ripple has remained focused on compliance.

This approach has allowed Ripple to partner with established financial institutions across the globe to facilitate cross-border payments and other financial services.

Garlinghouse emphasized this strategy in the interview, stating that Ripple has “worked with regulators” and “regulated institutions like banks, where there isn’t regulatory uncertainty.”

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XRP’s Institutional Use Case

Despite legal troubles and price suppression , XRP has maintained a significant presence in the cryptocurrency industry. Garlinghouse attributes part of its success to its clear use case in solving financial inefficiencies at scale. He noted that a major reason why XRP has performed well is because people can see its potential to work within the financial system.

Unlike Bitcoin, which is primarily viewed as a store of value, XRP is designed for high-speed, low-cost transactions. This makes it particularly attractive for financial institutions looking to move money quickly at low costs. Ripple’s partnerships with banks and payment providers further reinforce XRP’s role in institutional finance.

Will XRP Match Bitcoin’s Growth?

In late 2024, a well-respected analyst showed that 1 BTC bought the same amount of XRP in 2024 as in 2014, showing that the digital asset had kept up with Bitcoin. The question on the minds of many investors now is if XRP can surpass Bitcoin.

While Bitcoin dominates as the leading cryptocurrency by market capitalization, XRP’s supporters argue that its practical use case could drive widespread adoption, and help the digital asset take the top spot in the market.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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