Ripple Chief Executive Officer (CEO) Brad Garlinghouse has outlined the irreplaceable role of XRP in the crypto company. In a recent discussion, a cryptocurrency executive talked about how to do this XRP drives adoption and growth across the Ripple ecosystem, highlighting its relevance and utility in payments, treasury, custody, infrastructure and other key business areas.
XRP powers Ripple products and institutional development
Garlinghouse recently appeared on X’s Spaces to discuss the importance of XRP for Ripple and confirmation of its role in the company’s long-term strategy. The CEO stated that he wants everyone in the XRP army and community to know that XRP is the leading “North Star” Ripple’s mission and daily operations.
According to him, cryptocurrency is central to everything the company does, including payment solutions, treasury management, deposit management, USD and institutional engagement. Throughout all these years, the company continued its operations develop your payment solutionsleveraging XRP to enable faster and more effective international transfers while supporting enterprise payments risk management and DEX Trading.
Treasury management additionally uses XRP Ripple USD stablecoin, RLUSDto ensure liquidity. The crypto firm also recently strengthened its institutional custodian platform, Ripple Carethrough modern partnerships with Securosys and Figment to securely store and manage XRP for banks and asset managers.
Garlinghouse emphasized that XRP is not just a digital asset, but an indispensable element that, when combined with XRP ledger (XRPL)drives usability, trust, speed and fluidity in the ecosystem. He made it clear that XRP underpins both current projects and future initiatives.
The CEO also explained that regardless of whether the company focuses on Ripple payments, treasury services, DEX payments, or Ripple Primeits institutional digital asset storage platform, the main goal remains the same – that is, to strengthen the role of XRP in the global financial infrastructure.
Institutional adoption and partnership strategies
During the discussion, Garlinghouse also addressed Ripple’s focus on institutional development. He announced that Aviva investors, one of the largest asset management companies in the world, have started tokenizing assets in XRP Ledger.
This development illustrates the company’s robust commitment to expanding institutional capabilities while supporting consumer-focused partners. Additionally, it consolidates the company’s position in a dynamically developing industry asset tokenization space and highlights the significant role of XRP in this process.
Garlinghouse also indicated that the company works with companies looking for modern markets and solutions, ensuring the integrity of XRP across all applications. He added that company president Monica Long will share further details about these initiatives.
The CEO reiterated that XRP brings together many aspects of the crypto company, describing the cryptocurrency as the “heartbeat” of the company. Holding XRP at the heart of your businessthe payments company continues to strengthen its credentials as a “financial infrastructure platform company” while strengthening the broader utility of XRP and its ledger.
Featured image from iStock, chart from Tradingview.com
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