Garlinghouse: Crypto Can Help Central Banks Move Value Instantly

Ripple CEO Brad Garlinghouse has spoken out about the Dutch central bank's recent gold transfer, highlighting the need for faster settlement in financial infrastructure.

In an interview, Garlinghouse claimed that cryptocurrencies can facilitate the instant transfer of value worldwide without requiring physical exchange.

This comes after the Dutch central bank completed a cross-border payment using gold, which took around 24 hours to complete.