The Ripple CEO’s Senate Show: Will XRP be the New Money or Just a Fancy Finger Wag?

So there was this thing, right? Ripple’s boss, Brad Garlinghouse, hauling himself in front of the Senate Banking Committee-because apparently, it’s all about making sure that in the future, your money moves as fast as your Wi-Fi, or at least as fast as your ability to pretend you understand what’s happening. And let’s be honest, describing the whole XRP saga is like trying to explain TikTok trends to your grandparents-fascinating, confusing, and you’re never quite sure if you’re getting it right.

Ripple CEO Talks About XRP During Banking Committee Appearance

JackTheRippler, a crypto chatterbox who probably spends more time on Twitter than most of us spend on real jobs, shared a little video of Garlinghouse giving his best “I’m serious, I swear this isn’t just a money laundering scheme” speech. He said Ripple is building an “internet of value,” which sounds about as exciting as toast until you realize it’s basically a way to make your dollar bills move faster than you can say “regulation, please.” The big magic trick? XRP, the native token, which is supposed to be the bridge to cross borders faster than your stubborn Aunt Martha crossing the street during a parade.

Garlinghouse went on about transactions being fast, cheap, and scalable-because who wants to pay a fortune just to send some money? It’s the kind of thing that makes you wonder if banks will soon be replaced by giant, optimistic robots hawking XRP at your local Starbucks. He also whined a little about the SEC’s past behavior-because nothing says “trust” like being sued for allegedly selling security tokens that might or might not be securities. Judge Torres, the ever-judicial gatekeeper, said XRP wasn’t a security-leading Garlinghouse to probably breathe a little easier and maybe even do a little dance in his office.

Meanwhile, the SEC’s overreach had the market on a rollercoaster, making XRP’s value dance more than those at a wedding reception. But Garlinghouse remains upbeat-somwhere between “hopeful” and “please, Congress, just let us be free.” He’s betting on some new laws to keep the regulators at bay while his XRP hopes to become the world’s favorite currency, or at least a respectable second to the dollar.

DAS Research Provides Bull Case For XRP

Over on Twitter (because where else are you supposed to get reliable financial advice?), Stern Drew, a so-called “market expert,” dropped a report from DAS Research. Apparently, XRP isn’t just fighting to be the next failed crypto; it’s evolving into something much more exciting-a “global payment infrastructure.” Think of it as the Internet of Money, but without the existential dread of realizing your bank account might turn into dust.

The report says XRP has some serious structural advantages-like being faster than your dating life, cheaper than your last Starbucks coffee, and reliable enough to make even Bank of America look like amateurs. It’s becoming the favorite tool for institutions seeking predictable, no-nonsense transfer of cash. The big upcoming ticket items include Ripple’s stablecoin RLUSD and some fancy new partnerships-making XRP look less like a flash-in-the-pan and more like the future of currency, or at least the future of my hopes for a hassle-free way to send money to my brother-in-law without losing sleep over fees.

As of now, XRP’s trading around $2.08-because apparently, investing in cryptocurrency is like the stock market: up one day, down the next, with all the excitement of watching paint dry but with more emojis and hype.

Read More

2025-12-10 20:14