Brad Garlinghouse, the billionaire CEO at Ripple Labs, the company that oversees the development of XRP, the $18 billion blockchain network, has said for the first time in public that Coinbase should integrate XRP, the native cryptocurrency of the Ripple network. Ripple CEO Brad Garlinghouse said that XRP is solving problems at scale for institutions and large-scale banks, and Coinbase should be interested to participate in it.”

data-reactid=”24″>In an interview with Jeff John Roberts from Fortune at CB Insights Future of Fintech conference in New York, Ripple CEO Brad Garlinghouse said that XRP is solving problems at scale for institutions and large-scale banks, and Coinbase should be interested to participate in it. said Garlinghouse, adding that XRP is clearly not a security.”

data-reactid=”25″>“As we solve problems at scale for institutions, I think it’s in Coinbase’s interest to participate in that,” said Garlinghouse, adding that XRP is clearly not a security. XRP exists independent of Ripple and even if the company Ripple Labs failed, XRP would exist as a cryptocurrency.

Moreover, Garlinghouse noted that XRP tokens have a technological purpose of settling transactions between institutions and individuals as a utility currency, unlike stocks and traditional securities.” data-reactid=”26″>Garlinghouse emphasized that XRP exists independent of Ripple and even if the company Ripple Labs failed, XRP would exist as a cryptocurrency.

Moreover, Garlinghouse noted that XRP tokens have a technological purpose of settling transactions between institutions and individuals as a utility currency, unlike stocks and traditional securities. “I think it’s really clear that XRP is not a security. Read more from finance.yahoo.com…

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