Ripple CEO Clarifies: Ripple Has No Intent to Dump XRP and Cannot Influence Its Price

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Ripple CEO Brad Garlinghouse has firmly denied allegations that the company intends to "dump" its XRP holdings or manipulate the cryptocurrency's price. In a recent interview with Cointelegraph, Garlinghouse emphasized Ripple's vested interest in the success of the XRP ecosystem.

Key Statements from Ripple's CEO

FAQs About Ripple and XRP

Q1: Why does Ripple hold such a large amount of XRP?
A1: As an early developer of XRP-ledger technology, Ripple retains XRP to support ecosystem development and partnerships.

Q2: How does the escrow lockup work?
A2: XRP is released programmatically from escrow accounts over time, ensuring predictable supply without sudden market dumps.

Q3: Can Ripple’s sales impact XRP’s price?
A3: Sales are disclosed transparently and represent a tiny fraction of daily trading volume, minimizing market impact.

Why This Matters for Crypto Investors

👉 Understanding XRP’s unique utility is crucial for evaluating its long-term potential beyond speculative trading. Unlike many altcoins, XRP facilitates cross-border payments for financial institutions.

Garlinghouse’s remarks aim to dispel FUD (fear, uncertainty, doubt) surrounding XRP’s centralized perception. For traders, this reinforces the importance of distinguishing between corporate actions and a cryptocurrency’s inherent decentralization.


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