Brad Garlinghouse used his appearance at XRP Las Vegas to address something that has been circulating in the community for years, questions about whether Ripple is genuinely committed to XRP or quietly moving away from it toward stablecoins and enterprise products.
“I always thought it was kind of funny and strange that people questioned Ripple’s commitment to XRP,” Garlinghouse said. “Today, Ripple is still the largest holder of XRP on the planet. We are the most interested party in seeing XRP be successful. We will continue to be the most interested party in seeing XRP be successful.”
He pushed back on the logic of the doubt itself. “Whenever I read people questioning that, I just think it doesn’t make sense logically.”
The North Star Has Not Changed
Garlinghouse laid out the three things Ripple is focused on with XRP: making it the most useful digital asset, the most liquid digital asset, and the most trusted digital asset. He framed everything the company does, including moves that may not immediately appear connected to XRP, as serving those three goals.
“Even if it doesn’t have a direct line from point A to point B, it may be point A to point B to point C,” he said. “It’s all in service of how do we expand, grow, and drive liquidity, utility, and trust in XRP.”
On the question of RLUSD potentially replacing XRP, a concern that has gained traction in parts of the community since the stablecoin launched, Garlinghouse acknowledged the perception but rejected the conclusion. He also said that he does not feel obligated to explain every strategic decision publicly, partly because doing so hands information to competitors.
“I don’t feel the need to constantly update the whole world about our strategy because to some degree that just informs people who want to compete against us,” he said.
A Record Year and a Pointed Troll
Garlinghouse revealed that Ripple now employs 1,300 people and is having a record year across multiple metrics. He had just completed a gruelling international trip covering Dublin, London, Singapore, and Sydney in a single week, something he described with characteristic candour as “too much” and said he would not be repeating.
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