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Ripple CEO: If necessary, we can replace XRP with something else


the door مصاحبه‌ای CNN interviewed Ripple CEO Brad Garlinghouse about what Ripple’s plans were for the company in the United States, and Garlinghouse replaced the Ripple currency (XRP). ) With other options as one of the possible solutions.

to the Report Today, Brad Garlinghaus sees the replacement of XRP with other options as a possible solution to the problems facing Ripple in the United States. The interview follows a complaint by the US Securities and Exchange Commission (SEC) against Ripple. Brad Garlinghaus stated in this interview:

Replacing XRP with other options will definitely be part of our solution to Ripple problems. Of course, there is no denying that the SEC’s claim about Ripple is very strange. The US Securities and Exchange Commission does not recognize Bitcoin and Ethereum as securities; But with the exception of these two, it puts other digital currencies at risk. What happened to Ripple shows the same danger. However, replacing XRP with something else is one way to solve this problem.

Transparency standard

Ripple CEO: If necessary, we can replace XRP with something else
Brad Garlinghaus, CEO of Ripple

The US Securities and Exchange Commission has sued Ripple, Brad Garlinghaus and co-founder Chris Larsen for illegally selling XRP, calling XRP an unregistered security. The lawsuit alleges that Garlinghaus earned $ 150 million from the sale of the currency illegally. Garlinghaus does not appear to be reluctant to respond publicly to the allegations. He said in this interview:

I am very eager for everything to be formalized in court. I have not yet commented on this incident in public; Because I believe that justice is not done properly in this way. It is very important for me to clarify the truth. We have heard the whole story from the SEC so far; But that is certainly not the case.

The American billionaire still believes that Ripple is the most transparent foundation in the digital currency industry and invites other members of this market to strive to reach this level of standard.

Defy is not a threat to Ripple

Ripple’s CEO does not see decentralized finance, or DeFi, as well as stable coins as a threat to Ripple, and believes that Ripple is a way to optimize the global payment system; That is, neither of the two can do so. The company has recently developed private versions of XRP currency for central banks.

Garlinghaus also acknowledges the importance of bitcoin and believes that this digital currency will not be lost in any way; However, he considers the high power consumption of bitcoin to be a serious problem and claims that XRP (for each separate transaction) is 100,000 times more efficient than bitcoin. According to him:

Denying that the amount of carbon dioxide produced from bitcoin is a serious problem will not help the digital currency industry and, on the contrary, will make it difficult to develop the industry.

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