Ripple CEO Brad Garlinghouse doubled down on XRP’s central role in the company’s strategy, calling the token the “North Star” that guides Ripple’s mission and daily operations. Speaking on X’s Spaces, Garlinghouse painted XRP not as an optional token but as a foundational asset powering payments, treasury, custody, infrastructure and Ripple’s broader push into institutional markets. What Ripple says XRP does - Payments: Ripple continues to use XRP and the XRP Ledger (XRPL) to speed up cross-border transfers and reduce friction for corporate payments and DEX-based transactions. - Treasury and liquidity: XRP, together with Ripple’s USD stablecoin RLUSD, is being used to provide liquidity and optimize treasury management. - Custody and institutional support: Ripple has beefed up its custody offering—Ripple Custody—by partnering with Securosys and Figment to provide secure storage and management of XRP for banks and asset managers. - Platform value: Garlinghouse argued XRPL and XRP together deliver “utility, trust, velocity, and liquidity,” underpinning current products and future initiatives across the firm. Institutional adoption and tokenization Garlinghouse highlighted Ripple’s institutional focus, announcing that Aviva Investors—one of the world’s largest asset managers—has begun tokenizing assets on the XRP Ledger. That move, he said, signals Ripple’s deepening push into asset tokenization and institutional use cases, reinforcing XRP’s role in new market infrastructure. Looking ahead Garlinghouse emphasized that regardless of the product—Ripple payments, treasury services, DEX payments, or Ripple Prime (the firm’s institutional digital-asset custody platform)—the objective is consistent: strengthen XRP’s position within global financial infrastructure. He also noted ongoing collaborations with companies exploring new markets and solutions, and said Ripple President Monica Long will share more details about those initiatives. Bottom line Garlinghouse wrapped up by describing XRP as “the heartbeat” of the company: keeping it central, he argued, cements Ripple’s identity as a “platform company for financial infrastructure” and underscores the broader utility of XRP and the XRPL as Ripple scales into institutional finance and tokenization. Read more AI-generated news on: undefined/news
