- Ripple CEO Brad Garlinghouse emphasized the company’s mission to transform global finance by collaborating with traditional banks and blockchain networks to enable seamless cross-border payments.
- He urged the XRP community to focus on long-term impact and unity within the crypto space, rather than rivalry with Bitcoin.
Ripple CEO Brad Garlinghouse has reaffirmed the company’s mission to revolutionize global finance by transforming cross-border payments, urging the XRP community to focus on long-term impact rather than short-term rivalries, particularly with Bitcoin.
Speaking at the recent XRP Las Vegas conference, Garlinghouse emphasized that Ripple is building far more than just a competitive cryptocurrency. Instead, it’s pioneering an ecosystem poised to rewire the entire banking system. This transformation, he explained, is not just a technical upgrade, it’s a redefinition of how global value moves.
“We underestimate how big that change is and how profound it is,” Garlinghouse stated, encouraging XRP holders and blockchain supporters alike to see the broader picture. “It will all make sense if we look back 10 to 20 years from now.”
Ripple’s core innovation lies in its strategic alignment with global financial institutions, a notable contrast to many crypto firms that seek to eliminate the role of traditional banks. Rather than trying to replace them, Ripple is bringing banks into the blockchain era. By enabling real-time, on-chain cross-border payments, Ripple’s system removes the need for intermediaries, pre-funded accounts, and delays, factors that plague the current SWIFT-based infrastructure.
This forward-thinking strategy has already earned Ripple recognition from the U.S. Faster Payments Council (FPC), which identified the firm as critical to enabling fast, cheap, and transparent cross-border transactions. Likewise, Morgan Stanley recently spotlighted Ripple as a rising competitor to SWIFT, which currently moves over $5 trillion in daily transactions.
Garlinghouse also highlighted comments from Ripple CTO David Schwartz, who believes Ripple’s innovations could “rewire the entire banking system.” That level of ambition, Garlinghouse said, should be more than enough to excite the XRP community and drive widespread adoption.
Some within the XRP ecosystem, including well-known figure Vale, argue that Ripple’s transformation is already underway. “It won’t take 10 years,” Vale tweeted, insisting that Ripple is already reshaping the financial world in real time.
Beyond the company’s technological efforts, Garlinghouse is championing a spirit of collaboration in the crypto sector. He denounced the zero-sum mentality that pits XRP against Bitcoin, calling instead for unified efforts to drive broader adoption.
We get there by being collaborative and working together, not against each other,
he noted.
In fact, Garlinghouse is backing up his words with action, teasing a potential partnership between Ripple and Cardano. He has also made gestures to mend old rifts—donating the symbolic “Skull of Satoshi” to Bitcoin advocates as a peace offering.
As Ripple expands its influence and XRP finds increasing utility in global finance, Garlinghouse’s vision becomes clearer: the future of money isn’t about competition, it’s about building an inclusive, efficient financial system for the world.
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