Ripple CEO faces scrutiny over XRP’s role as $13 trillion payment volume skips crypto rails

A recent video shared by the cryptocurrency commentator VALE has brought renewed attention to the relationship between institutional demand at Ripple and the price of XRP. The discussion centers on whether the growth of Ripple’s broader business is reflected in actual demand for XRP, the digital asset designed for use on the XRP Ledger. In the widely viewed video, a reporter directly questioned Ripple CEO Brad Garlinghouse about XRP’s significance to the company as Ripple expands new products such as RLUSD.

Source: CoinTurk News