Ripple’s CEO Reveals 5 Undisputed Facts about XRP and its Ecosystem

In a recent X post, Ripple’s CEO Brad Garlinghouse highlighted five key facts regarding the company, XRP, and its associated stablecoin, RLUSD. The community quickly engaged with these points, sparking discussions about the future of XRP, especially in regards to spot ETFs. 5 ‘undisputed’ facts were outlined: 1. XRP has been used for remittances and cross-border payments for years and will continue to play this role. 2. XRP is much more than just Ripple’s current projects; it fuels a diverse ecosystem encompassing DeFi, NFTs, asset tokenization – with thousands of projects using the technology. 3. The post focuses on RLUSD, a stablecoin designed for institutions. While it debuted in late 2023 and boasts a market cap exceeding $700 million in under a year, it has reportedly secured deals with key players. 4. Companies are embracing XRP as a treasury asset for their businesses. 5. Ripple’s XRP is the third-largest layer-1 network in the crypto space, trailing only Bitcoin and Ethereum – highlighting its longevity and resilience in the market.