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'100%': Ripple CEO Makes Crucial XRP Statement - U.Today
The highly influential executive has just reaffirmed that XRP remains at the center of the ecosystem of one of the San Francisco-headquartered enterprise blockchain companies
Re-communicating the “North Star”
Garlinghouse’s latest statement came via X (formerly Twitter) in a direct response to Reddit co-founder Alexis Ohanian.
Ohanian was commenting on a business philosophy post regarding company alignment, noting that a “CEO’s responsibility is to communicate and re-communicate the North Star. Again and again.”
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Garlinghouse quote-tweeted Ohanian to remind the cryptocurrency community exactly what Ripple’s core mission is.
“100%,” Garlinghouse declared. “All roads lead back to Ripple’s North Star, $XRP.”
This social media exchange echoes a similar defense Garlinghouse made during a recent appearance on an X Spaces broadcast. During the audio event, the CEO stressed that XRP is the true “heartbeat” of Ripple. Garlinghouse clarified that every single product is ultimately designed to benefit the native token.
Zooming out after a “bloodbath”
The reassurance from the chief executive comes after the XRP token endured a rather brutal crash. It is downn more than 63% from its record peak
Notably, his latest reassurance was posted on the verge of the crucial XRP Las Vegas event.
Many industry leaders, developers, and blockchain enthusiasts are preparing to gather on the Strip for the high-profile conference