Garlinghouse Admits XRP Not Best for Every Payment Use Case, Owns SOL

Ripple CEO Brad Garlinghouse has made a surprise admission about XRP. In a recent appearance, he stated that XRP is not always the best asset for every payment use case.

This means that Ripple's flagship cryptocurrency may not be the go-to choice for all cross-border transactions.

Garlinghouse also revealed that he personally owns Solana (SOL) and does not subscribe to XRP maximalism. He believes that several major cryptocurrencies, including SOL and XRP, could perform well over the next five years.

This view aligns with Ripple's broader multichain strategy, which aims to support different applications on various networks.