Garlinghouse criticized 60 minutes: Brad Garlinghouse, Ripple’s CEO, criticized a 60 Minutes segment for misrepresenting the ongoing legal battle with the SEC. He was disappointed with how the show portrayed digital assets, omitting KEY details about the lawsuit, especially concerning XRP’s classification as a non-security by a federal judge.
Ripple’s international payment efficiency: Garlinghouse argued against claims that crypto lacks utility, equating them to early internet skepticism. He noted that institutions like JPMorgan Chase are embracing blockchain, and Ripple’s use of XRP significantly enhances cross-border transactions, making them more efficient than traditional methods, thus transforming global payments.