Talking to Ryan Brown of CNBC in Paris, Brad Garlinghouse, CEO Ripple has his say about the state-of-affairs in the Ripple (XRP) Ecosystem. Ripple’s global traction and use cases Brad is able to see is growing across the industry.  Brad Garlinghouse is simply confident about the state of affairs at Ripple.

Brad Garlinghouse:  Ripple uses the XRP token in our tech stack.  We use it to enable that cross border transaction extremely fast and extremely reliable transactions.  So, we use XRP because of its attributes that make it fast and inexpensive.  There are other tokens that people use for other use cases which don’t work as well for payments.

The XRP ledger and from its origins has really enabled payments at scale in a way that certainly Bitcoin was very good for digital gold – It’s speed and cost per transactions makes it less attractive for payments type use case.  So, Ripple continues with XRP due to its core-attributes as an efficient technology.

Question:  Is that you see as continuing in your tech stack going forward?

Brad Garlinghouse:  For sure. And, I think you will see Ripple use the XRP ledger for other use cases as well.  Or certainly, make the investments as mentioned in the carbon credit marketplace and other verticals that we think could be compelling.

Question:  We are looking at the market volatility of course in the public equity markets, we have seen that in the crypto markets too.  What is your outlook for the rest of the year? Do you expect sort of crypto markets to push higher, and will the volatility reduce or you just expect that to continue for the season?

Brad Garlinghouse:  It is really hard to know the timing.  But I am incredibly bullish on crypto overall and that is frankly because of the macro factors that is too little high lately.  The macro factor out of inflation globally, you saw this past week, record inflation in four decades – inflation in the United States with 8.5% and the other fact that is – it is important not to loose sight of is – as you and I had talked about – that the move from the crypto overall towards an institutional use case, solving real problems for real-customers and it scaled solutions that are not about the speculative activity. It has really driven some of the historic crypto-market activity.

(Worth noting, – In the wake of the United Nations’ Intergovernmental Panel on Climate Change (“IPCC”) detailing the essential need for carbon removal technologies to prevent the worst effects of climate change, Invert Inc. (“Invert”), Ripple Inc. (“Ripple”), and CarbonCure Technologies (“CarbonCure”) have signed a pioneering carbon credit purchase agreement for permanent CO₂ storage through carbon mineralization.)