Ripple’s cryptocurrency has been adopted by banks and other financial institutions. Those companies believe Ripple’s system offers both better prices and is more secure than other digital currencies, including Bitcoin. It allows users to send, receive, and hold any currency in a decentralized way via the Ripple network. The company is cash-flow positive and holds a vast store of XRP, which it periodically releases into the market.
Sam Maule catches up with Brad Garlinghouse, CEO of Ripple for a special Blockchain Insider episode. Catch the rest of the episode here: http://bi.11fs.com/18
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