Recently, Brad Garlinghouse, Ripple's CEO, shared insights on XRP's role in the global economy, sparking active discussion within the crypto community.

Brad Garlinghouse's Responses on XRP

Brad Garlinghouse highlighted that the creators of XRP envisioned it as a global reserve currency, explaining the 100 billion token supply. He focused on the broader vision for XRP's usage.

Role of XRP in Ripple's On-Demand Liquidity Solution

Common Sense Crypto explained that Ripple kept XRP's price low to attract financial institutions. At a higher price, XRP's role in On-Demand Liquidity becomes more significant, facilitating global transactions.

Smart Contracts and Further Ripple Developments

Ripple discontinued smart contracts as part of a broader strategy to strengthen its position in the financial sector. Reintroduction of smart contracts is expected to enhance XRP's functionality and value proposition.

Through strategic decisions, Ripple aims to strengthen XRP as a key player in the global financial system. The potential introduction of smart contracts and high integration with banks promise positive prospects for the cryptocurrency.