Ripple CEO Clarifies XRP’s Independence in Decentralized Ecosystem

Brad Garlinghouse, CEO of Ripple, addressed ongoing confusion regarding the distinction between Ripple and XRP during a speech at DC Fintech Week. He stressed that Ripple functions as a fintech company building global payment infrastructure, while XRP is a decentralized digital asset governed by an open-source blockchain independent of Ripple’s control. Garlinghouse emphasized this separation in light of Ripple’s legal battle with the SEC.