Brad Garlinghouse, CEO of Ripple, shared his insights on XRP's potential future success in the cryptocurrency space during the Thinking Crypto podcast.

Unique Aspects of XRP in Payments

Garlinghouse emphasized that XRP's capabilities in payments make it stand out among other crypto assets. He noted the token’s advantages, including speed, cost-efficiency, and scalability, which will enable it to compete successfully in the market.

Ripple’s Legal Victory and SEC's Role

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) was a focal point of the discussion. Garlinghouse criticized the SEC's past involvement, arguing that it unfairly advantaged Ethereum over XRP. He recalled former SEC Director William Hinman’s 2018 remarks that Ethereum was not a security, leaving XRP in a more uncertain position.

Regulatory Challenges and ETFs

Another issue was the potential launch of an exchange-traded fund (ETF) for XRP. Garlinghouse noted that the SEC filed its appeal against Ripple's legal victory shortly after Bitwise Asset Management filed an application for an ETF. This may suggest the agency’s stance on this matter.

Despite regulatory challenges and ongoing legal battles, Garlinghouse remains confident in XRP's long-term success due to its strong payment use case and newfound regulatory clarity.