Ripple CEO Garlinghouse: Ripple Will Rewire the Entire Banking System

At the recent XRP Las Vegas conference, Ripple CEO Brad Garlinghouse urged the XRP community to adopt a broader perspective on the company’s mission, focusing less on rivalries with other cryptocurrencies and more on Ripple’s long-term strategy to modernize international finance. Unlike many blockchain companies that aim to eliminate traditional financial institutions, Ripple’s goal is to integrate them into a more efficient system. Garlinghouse explained that Ripple is not trying to replace banks but rather to upgrade how they operate, particularly in cross-border payments. Through Ripple’s technology, the global banking infrastructure can be re-engineered to eliminate outdated processes, such as pre-funding and unnecessary intermediaries. Referencing Ripple’s Chief Technology Officer, David Schwartz, Garlinghouse emphasized that the company’s goal is not simply enhancing payments, but “rewiring the entire banking system.” Brad Garlinghouse drops BOMBSHELL at XRP Las Vegas “REWRITING THE ENTIRE BANKING SYSTEM AND WE UNDERESTIMATE HOW BIG THAT CHANGE IS” @Ripple $XRP pic.twitter.com/Cc6KauH6bN — EDO FARINA 🅧 XRP (@edward_farina) May 31, 2025 Ripple’s Advancing Position in the Payment Sector Garlinghouse pointed to Ripple’s growing recognition within the financial industry as proof of its progress. The U.S. Faster Payments Council recently named Ripple a key innovator in modernizing international transfers , and financial giant Morgan Stanley identified Ripple as a credible competitor to SWIFT . These acknowledgments back Ripple’s real-world impact. He encouraged the community to focus on these tangible outcomes rather than viewing XRP’s growth in terms of competition with other tokens. Ripple is Bringing Long-term Change Garlinghouse acknowledged that Ripple’s full impact might not be visible for another 10 to 20 years, but not all voices within the community agree. One prominent XRP advocate shared a clip of Garlinghouse at the conference, arguing that Ripple’s influence is already being felt and that the company is actively reshaping how money moves around the world today. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Garlinghouse’s comments suggest that meaningful change in global finance takes time. He urged the community to be patient and recognize the scale of what Ripple is working toward. In his words, “we underestimate how big and profound that change is.” Calling for Collaboration in the Crypto Space In addition to outlining Ripple’s mission, Garlinghouse addressed the broader blockchain ecosystem. He rejected the idea that different crypto projects must compete, stating that the crypto space is not a zero-sum game and that success comes from cooperation. He has previously called for unity and inclusion, most notably advocating for a multi-asset reserve when Bitcoin maximalists were pushing for BTC to be the only digital asset recognized by the U.S. government. Ripple is already taking steps to work with others, and its collaboration with Cardano is a notable example that could positively influence the entire market. The CEO’s message was clear: progress depends on unity, not division. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Ripple CEO Garlinghouse: Ripple Will Rewire the Entire Banking System appeared first on Times Tabloid .

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