HomeCryptocurrencyRipple CEO and Monica Long Admitted This On-Camera About XRP

Ripple CEO and Monica Long Admitted This On-Camera About XRP

Crypto commentator Stellar Rippler (@Stellar_Rippler) posted a clip this week making an intriguing claim. Ripple is making sure XRP stays the bridge asset for everything, from payments to stablecoins to tokenized assets.

The clip features both Ripple CEO Brad Garlinghouse and the company’s President Monica Long, and their comments support that point.

XRP’s Bridge Function

The clip opens with Long, who confirmed Ripple uses a mix of assets, including stablecoins and XRP, to serve customers. She tied XRP’s use case to its original design. She noted that the asset was built as a bridge for the long tail of currency pairs.

That function becomes more relevant as tokenization expands across new asset classes. When new tokenized assets enter the market, an efficient intermediary bridge asset becomes essential for making any pair liquid.

XRP at the Center

The clip then turns to Garlinghouse, addressing his own tweet, which said XRP sits at the center of everything Ripple does. Asked to explain it, he pointed to misinformation circulating online. Some people, he said, paint a picture suggesting Ripple has given up on XRP. He rejected that idea outright, calling it illogical given Ripple’s broader business model.

A Multi-Asset Strategy

Garlinghouse laid out Ripple’s approach through products like Ripple Payments and its treasury infrastructure, including GTreasury. Some payment flows run through stablecoins, while others run through XRP. The choice depends on the corridor and the currency pair. Ripple’s goal is to deliver the best price and product to each customer.

He shared a detail many don’t know. In early 2023, Ripple minted 20% of all USDC in circulation. That activity came from institutional payment flows. Ripple used USDC for some of those flows, and XRP for others.

The Best Option for Customers

Garlinghouse rejected the maximalist label entirely. Different chains serve different solutions and different technologies, he said. The crypto industry needs to start by identifying the customer’s problem first. Technology should follow. A customer doesn’t think in terms of blockchain preference. A customer has a problem.

He described XRP’s specific strengths. It’s scalable, fast, and inexpensive per transaction. Those qualities make it well-suited for certain use cases. Other situations call for different tools, and Ripple uses those tools when needed.

Making XRP the Backbone

Stellar Rippler sees the videos as proof of a long-term plan. XRP is meant to be the neutral backbone of real-world finance. The comments from both executives support that opinion. Both described XRP as a foundational piece of a payments infrastructure built to scale with tokenization, exactly the point Stellar Rippler raised in sharing the clip.

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 advised to conduct thorough 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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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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