Ripple CEO Highlights Utility as Key Driver of XRP's Value

Ripple CEO Brad Garlinghouse recently shared his thoughts on what makes XRP more valuable. According to him, it's not just about supply and demand or market trends. Instead, he believes that XRP's value lies in its utility and the real-world use cases it has.

Garlinghouse pointed out that there are currently over 200 live On-Demand Liquidity (ODL) deployments across more than 40 countries. This is a significant increase from just six months ago, when there were only about 50 ODL deployments globally.

He also highlighted the company's partnerships with major financial institutions and its efforts to improve regulatory clarity. Garlinghouse noted that XRP has been used in over $10 billion worth of transactions across these ODL deployments.