Garlinghouse Outlines Ripple's Strategy on XRP and Cross-Border Payments

Ripple CEO Brad Garlinghouse has emphasized the importance of clear regulations around cryptocurrencies. He believes that digital assets need to have practical use cases and address specific problems.

In an interview, Garlinghouse highlighted XRP's role in cross-border payments, citing its transaction speed and relatively low costs. This is one area where Ripple uses XRP, he said.

The CEO also discussed potential applications for digital assets in machine-to-machine and small-value payments, noting that such use cases could require payment systems capable of processing transactions worth fractions of a cent.