Ripple News: Brad Garlinghouse Hints at Reduced XRP Sales

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After years of legal battles, price suppression, and endless debates over its status, XRP is finally breaking free. The SEC has officially dropped its case against Ripple , marking a huge win for the crypto community. But just as the dust settles, Ripple CEO brad garlinghouse brad garlinghouse Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, he is an extremely popular name across the global crypto landscape. He has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. He joined Ripple as COO in April 2015, answering to the CEO and prime supporter, Chris Larsen. He was elevated to CEO in December 2016. Initially, he worked at AOL and Yahoo! From 2003 to 2008, he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Courier divisions. While at Yahoo!, he wrote an inner update known as the "Peanut Butter Manifesto," requiring the organization to zero in on its core business instead of extending itself excessively far, much like peanut butter. Details: Organization: RippleLocation: United StatesEducation: MBA from Harvard Business School and BA from The University of KansasSkills: Venture capital and Startups Experience: CEO at Ripplefrom from Jan 2017 - Present ·President and COO at Ripple logo from Apr 2015 - Dec 2016Board Member at Animoto from 2012 - Dec 2017Tonic Health, an R1 company logoBoard Member at Tonic Health from 2011-2016Board Member at Ancestry from 2013 - 2016CEO at Hightail from May 2012 - Sep 2014 FAQs Who is Brad Garlinghouse?The CEO of Ripple, a financial technology business that specializes in blockchain technology and the cryptocurrency XRP, is Brad Garlinghouse. He has played a significant role in advancing cross-border payments using blockchain technology.What is Brad Garlinghouse's role at Ripple?Garlinghouse is in charge of Ripple's expansion and strategic direction in his capacity as CEO. Ripple has concentrated on using blockchain technology to enhance international payment networks under his direction. Entrepreneur Investor Chief Executive Officer Board Member has made another big statement—hinting that the company might cut back on XRP sales in the future. This comes at a time when Ripple is gaining momentum , shaking off legal hurdles, and setting its sights on bigger goals in the crypto world.

Less XRP Selling in the Future?

In an interview with Bloomberg, Garlinghouse responded to criticism about Ripple’s XRP sales. He acknowledged that while the company currently holds 42% of XRP’s total supply, there may be a time when they “won’t be selling as much.” He also dismissed claims from critics, calling them “falsehoods” and pointing out that Ripple is often criticized for both holding and selling XRP.

Pierre Rochard, vice president of research at Riot Platforms also said previously that Ripple sells XRP purely for revenue, not as an investment. He claims XRP holders aren’t investing in Ripple but are simply buying tokens that are continuously sold into the market. According to him, these tokens are created out of thin air, and Ripple has no obligations to buyers after the sale. His comments add fuel to the long-running debate over Ripple’s XRP sales and their impact on the market.

SEC Steps Back, Ripple Moves Forward

Ripple recently scored a major win as the SEC decided to drop its appeal against the company, a move that Garlinghouse says has given Ripple much-needed clarity. However, Ripple isn’t backing down entirely, as it is still pursuing its own cross-appeal against the regulator. Garlinghouse believes this puts Ripple in “the driver’s seat” and allows the company to be on the offense rather than the defense.

• Also Read :
• Ripple vs. SEC Lawsuit Ends: What’s Next for XRP Price and Ripple’s Future?
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Big Plans for Ripple’s Stablecoin

Ripple isn’t just focused on XRP—it’s also making moves in the stablecoin space. Garlinghouse revealed that Ripple aims to push its stablecoin, RLUSD , into the top five by the end of the year. This comes after RLUSD was recently added to LMAX Digital, signaling big ambitions for Ripple’s regulated digital currency.

With a stronger position in the market and regulatory clarity, Ripple seems more confident than ever. Whether or not it scales back XRP sales, its focus is shifting toward expansion, new products, and staying ahead in the crypto industry.

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