Speaking at the fourth annual XRP Las Vegas event, Ripple CEO Brad Garlinghouse addressed a question that surfaces repeatedly in the XRP community: how committed is Ripple to XRP itself, given the company’s growing focus on institutional and enterprise clients?
His answer was direct and left little room for interpretation.
“Ripple is still the largest holder of XRP on the planet,” Garlinghouse said. “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.”
Garlinghouse said he has always found the skepticism around Ripple’s XRP commitment puzzling, describing it as illogical given the company’s position as the single largest XRP holder in existence.
“Whenever I read people questioning that, I just think it doesn’t make sense logically,” he said. “It’s obviously not what I’ve said publicly.”
A company holding more XRP than any other entity on the planet has a direct financial incentive to maximise that asset’s value, utility, and adoption. Ripple’s institutional business is not separate from its XRP commitment. It is the mechanism through which that commitment is expressed.
Garlinghouse outlined three specific objectives that guide how Ripple approaches everything it does in relation to XRP. The company wants XRP to become the most useful digital asset, the most liquid digital asset, and the most trusted digital asset simultaneously.
Those goals are pursued through selling products and services to financial institutions and capital markets, with Ripple Prime and Ripple Treasury identified as the primary vehicles. Garlinghouse noted that Ripple Treasury has been performing strongly, adding that the company recently ran billboard and bus wrap advertising on the Las Vegas Strip specifically targeting attendees of a competing treasury conference.
“The main competitor to Ripple Treasury is called Kyibba and they were doing their customer conference here the last few days,” Garlinghouse said with a laugh. “We had some wrapped buses that said Ripple Treasury picking people up from the Kyibba conference.”
The XRP Las Vegas event itself served as a backdrop for Garlinghouse’s comments, with organisers noting the community gathering is now in its fourth year and larger than ever. The turnout reflected a community that has maintained cohesion through years of legal uncertainty and market volatility, something Garlinghouse acknowledged directly.
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