Ripple CEO Brad Garlinghouse said in January that XRP may be the best bridge asset for some cross-border payments, while a stablecoin could more effectively address other customer needs. These remarks, reshared on social media on September 24, align with Ripple Payments’ existing multi-asset model, which supports settlement in RLUSD, USDC, USDT, or fiat currency. The underlying network covers over 60 markets and has processed over $100 billion in payment volume. The political backdrop complicates interpretation: the Senate’s cloture vote on the Digital Asset Market Clarity Act failed 49-50 on September 15, but Garlinghouse could not have anticipated this setback when making his January remarks. The article concludes that the executive commentary is catching up to existing infrastructure and does not represent an abandonment of XRP.
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