Ripple CEO Brad Garlinghouse Denies XRP as Security, Announces Stablecoin Launch

Sunday, 5 May 2024, 17:22

Ripple CEO Brad Garlinghouse clarifies that XRP is not considered a security by regulatory bodies, setting the stage for the launch of a new stablecoin designed to attract institutional interest. The ongoing legal battles with the SEC add complexity to Ripple's regulatory environment as they move forward with innovative developments.
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Ripple CEO Brad Garlinghouse Denies XRP as Security, Announces Stablecoin Launch

Ripple CEO Brad Garlinghouse: XRP Not Security, Stablecoin Launch Update

Amidst Ripple's legal challenges with the SEC, Garlinghouse emphasized that XRP is not a security and discussed the upcoming stablecoin launch.

Ripple CEO Brad Garlinghouse: XRP Is Not a Security, Stablecoin Coming

Garlinghouse affirmed that neither XRP nor Ethereum are securities, reinforcing Ripple's commitment to the assets.

  • Garlinghouse believes Ripple fully supports XRP.
  • Recent developments show XRP classification debates.
  • Ethereum also faces legal issues with the SEC.

As Ripple prepares to introduce its stablecoin, advancements in the XRP Ledger ecosystem are anticipated, promising innovations in AMM and lending protocols.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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