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Ripple CEO Unveils XRP 3-Year Growth Plan

 3 weeks ago
source link: https://cryptomode.com/news/ripple-ceo-3-year-growth-plan/
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Ripple CEO Unveils XRP 3-Year Growth Plan

Ripple CEO shared the crypto firm's growth strategy initiatives despite facing challenges from regulatory bodies.

Cryptomode Ripple CEO Unveils XRP 3-Year Growth Plan
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Ripple CEO Brad Garlinghouse revealed the company’s growth strategy in a recent FOX Business interview. Some plans include launching a US dollar-backed stablecoin and expanding into global markets.

Despite regulatory hurdles in the United States, Ripple remains focused on strategic growth initiatives.

Ripple Plans to Expand its Payment and Custody Solutions Worldwide

Ripple CEO Brad Garlinghouse recently unveiled the company’s ambitious 3-Year Growth Plan in an interview with FOX Business. Garlinghouse highlighted Ripple’s extensive global reach, with a whopping 95% of its customers located outside the US. Despite slower adoption domestically, XRP plans to expand its payment and custody solutions worldwide. 

Additionally, the company aims to boost the utility of its digital asset, XRP, to align with its expansion objectives. Garlinghouse also discussed XRP’s upcoming launch of a US dollar-backed stablecoin to bridge traditional finance with cryptocurrencies. 

XRP is determined to establish itself as a leader in compliant and user-friendly crypto-finance solutions. Furthermore, Garlinghouse criticized the current government and regulators, saying;

“This administration, I think, has taken a pretty anti-crypto stance led by the SEC Gary Gensler as the chair really doesn’t understand it.

He also disagreed with some politicians like Senator Elizabeth Warren, who said, “The only people using crypto are bad actors.”

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Disclaimer

This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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