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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Ripple’s Brad Garlinghouse Asks, ‘Who Is XRP’s CEO?’

Story Highlights
  • Ripple CEO Brad Garlinghouse clarifies that XRP is independent and decentralized, not controlled by Ripple, with hundreds of builders driving its growth.

  • Ripple spent $150M fighting the SEC, securing clarity that XRP isn’t a security while reinforcing its mission to support open-source blockchain innovation.

At the D.C. Fintech Week, Ripple CEO Brad Garlinghouse once again addressed one of the biggest misconceptions in the crypto industry, that Ripple controls XRP. He said that while Ripple is a company with its own leadership, XRP operates as an open-source technology supported by a wide community of independent developers, companies, and users.

Garlinghouse pointed out that many people mistakenly treat XRP as a company with a single leadership figure. Instead, it functions through a decentralized ecosystem where hundreds of independent builders contribute to the XRP Ledger.

“People say things like, ‘Well, XRP has a CEO.’ I’m like who is it? Ripple has a CEO. That’s me. But there are scores, if not hundreds, of other CEOs building around the XRP ecosystem.,” he said.

Garlinghouse also shed light on Ripple’s lengthy legal battle with the U.S. Securities and Exchange Commission. The company spent nearly $150 million defending itself to achieve legal clarity that XRP is not a security. He said that Ripple fought the case not only for its own sake but also for broader regulatory understanding within the crypto industry.

Ripple continues to support the development of a transparent, multi-chain ecosystem and remains a major investor in blockchain innovation. Garlinghouse reaffirmed that Ripple’s goal is to drive real-world utility through crypto, not control it.

Open-Source Governance and Independence

The XRP Ledger operates under a governance system that reflects its open-source nature. Network changes and amendments require approval from a large majority of validators, not Ripple alone. There have been cases where Ripple opposed certain proposals that were still approved by the community, showing that the company does not control XRP’s direction.

This governance model has been one of XRP’s key strengths, allowing it to evolve independently of Ripple’s internal decisions while maintaining security and decentralization.

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FAQs

What does XRP actually do?

XRP is designed for fast, low-cost international payments. It acts as a bridge currency to facilitate efficient money transfers between different currencies, solving a key problem in traditional finance.

Is XRP considered a security?

No, a U.S. court ruling has provided legal clarity that XRP is not a security. Ripple spent years in a legal battle with the SEC to establish this regulatory clarity for the wider crypto industry.

How high can XRP go in 2025?

Analysts and AI forecasts project XRP could reach $5.05 by the end of 2025, driven by ETF approvals, partnerships, and regulatory clarity.

Is XRP a good investment?

Like all cryptocurrencies, XRP is a volatile and high-risk investment. Its value depends on market adoption, regulations, and overall crypto market trends, so thorough personal research is essential before investing.

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