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Ripple CEO Brad Garlinghouse pushed back against the ongoing rivalry between Bitcoin and XRP supporters. “The Bitcoin community is not our enemy. They are not. If they do well, we’re gonna do well, we might do better. It’s not a zero-sum game,” Garlinghouse said. The comment was made at a recent blockchain event in Las Vegas. His statement aims to ease tensions between two of the largest blockchain ecosystems.
Garlinghouse noted the contrasting yet complementary goals of Bitcoin and XRP. While Bitcoin was built to challenge traditional finance, XRP works within regulatory frameworks to improve systems like cross-border payments. “We get there by being collaborative and working together and not against each other,” he emphasized.
Garlinghouse expanded his vision to include a broader financial system overhaul. “Rewriting the entire banking system and what this looks like in maybe 10 years or 20 years... we underestimate how big that change is,” he said. His remarks suggest both cryptocurrencies can play pivotal roles in shaping the future of global finance.
Ripple recently celebrated the launch of XRP and Micro XRP futures contracts on the CME Group. The CEO described the move as a “key institutional milestone.” Investor optimism is also rising for a spot XRP ETF, with SEC approval odds now estimated at 83%.
Despite positive developments, XRP's price performance remains under pressure. As of the latest data, XRP is trading at $2.19, up 1.27%. The price surged after news broke that Bitgo and ViviPower are jointly acquiring $100 million worth of XRP for treasuries. Still, it reflects a 7.83% decline over the last seven days.
Garlinghouse’s overarching message is clear, XRP and Bitcoin do not need to compete to succeed. By aligning on shared goals like digital asset adoption and banking innovation, both ecosystems can thrive. The collaboration has potential to bring a lasting impact to the global financial landscape.
Also Read:Crypto Prices Today: Bitcoin Price Hits $105,363, Ethereum Jumps 4%, XRP at $2.19
