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Ripple CEO Stresses XRP’s Payments-First Design

The push underscores a strategy to center XRP on fast, low-cost cross-border transfers.

Overview

  • Brad Garlinghouse released a one‑minute explainer video from XRP Las Vegas on Wednesday, casting XRP as a ledger built specifically for payments.
  • He highlighted 3–5 second settlement times, fees under a penny per transaction, and more than 4 billion transactions processed to date.
  • XRP traded around $1.43–$1.45 as BNB moved into the No. 4 market‑cap spot, leaving a valuation gap near $1.5 billion.
  • Traders watched a possible break of a nine‑month downward trend line, with $1.445 flagged as the price level XRP needs to clear for a stronger move.
  • Garlinghouse praised the long‑standing “XRP family” and contrasted XRP’s narrow payments focus with broad smart‑contract platforms to argue for durability and real‑world utility.