In the ever-evolving world of digital assets, where speculation and hype often overshadow substance, Ripple stands out with a clear, results-driven mission. Ripple CEO Brad Garlinghouse recently underscored this in a video clip shared by prominent XRP advocate Amelie on X. Speaking candidly, Garlinghouse laid out how XRP is not just another crypto asset, it’s a tool designed to solve a real, global problem: the inefficiencies of cross-border payments. Real-Time Liquidity Across Borders Garlinghouse explained XRP’s utility within Ripple’s On-Demand Liquidity (ODL) platform by offering a straightforward but powerful use case. “We’re talking about payment flow that might be going from dollar to Mexican Peso and you’re holding a dollar, you’re selling that dollar and buying XRP. You’re moving that XRP across XRP Ledger to let’s say, Bitso, you’re selling the XRP and you’re buying Mexican Peso,” he said. WOW! RIPPLE CEO BRAD GARLINGHOUSE: „ #XRP IS THE ONLY DIGITAL ASSET POISED TO SOLVE A PROBLEM AT SCALE, A GLOBAL PAYMENTS PROBLEM!“ pic.twitter.com/vg60eVOZeB — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 6, 2025 This process, executed in real time, cuts out the delays and costs associated with traditional correspondent banking. According to Garlinghouse, “By enabling that liquidity to move from dollar to Peso in real time, you’re changing how the oil is greasing the engine of correspondent banking.” This model eliminates the need for pre-funded accounts and multiple intermediaries. Instead, XRP acts as a neutral bridge currency that ensures instant, cost-effective conversion between fiat pairs. In practical terms, this reduces settlement times from days to seconds and significantly lowers capital requirements for financial institutions. XRP in a World of Hype Garlinghouse also took aim at the broader crypto landscape, where countless projects promise transformation but deliver little in terms of real-world application. Ripple’s focus, he emphasized, is different. “So for us, in a world of hype, in a world of experimentation, in a world where people talk more about opportunity and really the speculation of digital assets, we feel XRP is the only digital asset really poised to solve a problem at scale, a global payment problem,” he stated. This isn’t a vision based on potential alone. Ripple has spent years building infrastructure that addresses the pain points in international money movement, high fees, slow settlements, and lack of transparency. XRP is the linchpin of that infrastructure, enabling seamless value exchange across borders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Real Usage, Real Partners Garlinghouse’s remarks reflect what Ripple is already doing on the ground. In Latin America, Ripple has Bitso, one of the region’s largest crypto exchanges, to power the U.S.–Mexico ODL corridor. Institutions are actively using this corridor to move millions of dollars every week without the need for pre-funding or third-party intermediaries. Ripple has also expanded ODL corridors in the Asia-Pacific region and beyond, working with financial institutions and remittance companies that want faster, cheaper, and more transparent cross-border services. With each new corridor, Ripple is turning XRP into a tool of real economic value, not just a speculative asset. XRP: Positioned for Real-World Impact Garlinghouse’s words cut through the noise. Unlike many digital assets that exist in a world of future potential and unfulfilled promises, XRP is actively being used to solve a decades-old problem in global finance . It’s fast, cost-efficient, regulatory-compliant, and already integrated into real-world payment flows. Ripple’s vision is ambitious yet grounded in execution. By making cross-border payments as seamless as sending an email, XRP is redefining the value of digital assets. Under Garlinghouse’s leadership, Ripple continues to push toward a financial future powered not by hype, but by utility. And in Garlinghouse’s own words, that’s exactly what sets XRP apart: it’s “the only digital asset really poised to solve a problem at scale, a global payment problem.” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CEO Explains How XRP Solves Global Payments Problem for Banks appeared first on Times Tabloid .
