Brad Garlinghouse Drops Bombshell: Ripple Remains 100% Committed to XRP

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Garlinghouse Says <a href="https://bbg-news.com/xrp-usd/">Ripple</a> Remains ‘Extremely Committed’ To <a href="https://pricpr.com/xrp-usd/">XRP</a>

At the XRP Las Vegas event on April 30th, Ripple CEO Brad Garlinghouse addressed concerns about the company’s commitment to XRP. He emphasized that Ripple’s success remains closely linked to XRP, even as the company grows its work in areas like institutional finance, stablecoins, and US regulatory compliance.

During his speech, Garlinghouse expressed amusement and bewilderment at the criticism suggesting Ripple isn’t dedicated to XRP, pointing out the company’s significant investment in the asset and its use in developing products focused on making XRP easily available, useful, and trustworthy.

Ripple remains the biggest holder of XRP, and as Garlinghouse explained, the company has the strongest incentive for its success. He finds it illogical when people doubt their commitment to XRP, given how much they stand to gain from it.

During a broad discussion, panelists touched on several topics related to Ripple, including their recent advertising campaign in Las Vegas, US regulations like the Clarity Act, rules for stablecoins, Ripple’s company value, and their connection with the XRP community.

Ripple’s Institutional Push Still Runs Through XRP

Brad Garlinghouse, Ripple’s CEO, described the company’s current plan as focused on establishing XRP as the leading digital asset in terms of usability, liquidity, and trustworthiness. He connected this goal to Ripple’s work with businesses, particularly its services for banks and financial markets – collectively known as Ripple Prime – and its treasury operations.

The CEO also responded to worries from XRP owners about whether Ripple’s work on stablecoins, like RLUSD, might lessen the importance of XRP within the company’s overall offerings. Garlinghouse explained that Ripple doesn’t always share its plans publicly, as that could give competitors an advantage. However, he assured everyone that even seemingly unrelated moves are ultimately intended to strengthen XRP’s position in the long run.

We’re planning some actions that might not immediately seem logical,” he explained. “Even if the connection between our steps and a positive outcome for XRP isn’t direct, there may be intermediate steps involved. Ultimately, everything we’re doing is aimed at increasing XRP’s liquidity, usefulness, and the overall trust in it.

As a crypto investor, I’m really seeing Ripple shift gears. They’re not *just* fighting the SEC battle over XRP anymore, or simply pushing XRP as a payment solution. They’re building a whole ecosystem – things like secure XRP storage, treasury management tools, stablecoins, and even services similar to prime brokerage for institutions. What’s interesting is they want the XRP community to see all these different projects as pieces of one big, interconnected network designed to improve liquidity.

According to Garlinghouse, Ripple is experiencing a record-breaking year and currently employs around 1,500 people. He highlighted tokenization as a key area where the XRP Ledger can be valuable, even if Ripple isn’t directly involved in every application of the technology.

Brad Garlinghouse pointed to bond settlement as a prime example of a market hampered by slow, outdated systems. He described the process as unnecessarily complex and slow for the modern internet age, and predicted that assets like bonds will eventually be traded directly on blockchains. He believes this shift is inevitable.

Clarity Act Deadline Looms

During the interview, much of the discussion focused on the Clarity Act and the possibility of new US market structure laws being passed before the upcoming midterm elections. Garlinghouse explained that Ripple had nearly reached a resolution some months ago, but progress stalled when Coinbase, under the leadership of Brian Armstrong, advised a more cautious approach.

Garlinghouse wasn’t as concerned with Ripple’s legal issues as he was with the overall regulatory uncertainty in the cryptocurrency industry. He believes XRP has achieved legal clarity – something many others are still waiting for – thanks to the recent court decision in Ripple’s case against the SEC.

According to recent court rulings, XRP is now clearly defined as not being a security. This decision follows a lengthy and difficult legal battle, and is considered a significant win for the cryptocurrency. The key takeaway is that there’s now legal clarity surrounding XRP’s status.

Garlinghouse’s main point centered around a key difference. He explained that Ripple backs the Clarity Act because it could benefit the entire US cryptocurrency industry and encourage bigger banks to participate. However, he consistently emphasized that this goal is separate from the specific legal situation of XRP.

Garlinghouse expressed disappointment that the bill’s failure could negatively impact other companies in the US crypto industry, but he remains confident in XRP’s future.

However, Garlinghouse cautioned that time is running short. He explained that if the proposed bill isn’t approved by the Senate Banking Committee before the end of May, it will face serious difficulties. But if it *does* pass through the committee, he’s optimistic it can then gain enough support from both Democrats and Republicans to pass the full Senate.

Ripple Looks Toward US Banking Rails

Brad Garlinghouse explained that Ripple’s preliminary approval for an OCC trust charter depends on its plans for stablecoins, especially RLUSD. He characterized the oversight from both New York’s financial regulators and the OCC as a very cautious, extra-secure approach. Garlinghouse emphasized that Ripple aims to be a leader in responsible stablecoin practices, largely to meet the high standards of its institutional clients.

He also stated that Ripple is actively exploring the possibility of obtaining a Federal Reserve master account, which he believes could significantly expand the company’s capabilities and improve the overall financial system in the U.S.

At press time, XRP traded at $1.37.

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2026-05-01 18:28