Ripple CEO Identifies Privacy as Key to Institutional Adoption of XRP Ledger

Ripple’s CEO Brad Garlinghouse has underscored the critical role of privacy in facilitating institutional adoption of the XRP Ledger, according to conversations shared by an XRP validator. The company is actively working on building a platform that can attract major financial institutions and compete with SWIFT. However, this requires addressing concerns around transparency on a public blockchain and ensuring sensitive transactions are protected from scrutiny.