The Ripple chief executive says XRP (the XRP Ledger token) was designed to work with existing financial systems, emphasizing low-cost international transfers.
Brad Garlinghouse said XRP stands out because it was built to integrate with existing financial systems and support fast, low-cost cross-border payments. His remarks highlight XRP’s core use case in payments, where settlement speed and lower transaction costs are key advantages for institutions and users moving money across borders.