Ripple CEO Brad Garlinghouse has outlined what he believes makes XRP distinct in the digital asset market, pointing to the XRP Ledger’s payments-focused design, low transaction costs, short settlement times and long-running community support.
The comments came in a short “XRP In One Minute” video shared by Ripple from XRP Las Vegas, where Garlinghouse framed the asset’s identity around a narrow original purpose: building blockchain infrastructure for payments rather than general-purpose experimentation.
Ripple CEO Breaks Down What Makes XRP Unique“What makes XRP unique? I’m gonna go way back in time and talk about the earliest inventors of XRP Ledger who had been contributors to the core of Bitcoin,” Garlinghouse said. “They saw in that an opportunity to build something specialized and specific and unique to really solve a payments problem.”
Ripple’s post highlighted several headline figures: more than 4 billion transactions, settlement in three to five seconds, and transaction costs of less than a penny. Garlinghouse echoed those points in the video, describing speed, cost and scalability as the main properties that set XRP apart.
“What makes XRP so unique is its speed, settling transactions in three to five seconds, its cost — extremely low cost, fractions of a penny per transaction — and its scalability,” Garlinghouse said. “Now having completed over four billion transactions, you add in that with a special dash of an incredible community around XRP, what I like to call the XRP family.”
4 billion transactions. 3–5 second settlements. Less than a penny each. A community that never stopped believing.
Garlinghouse closed by tying those elements together into a forward-looking case for XRP. “But you put those things together and you include the longevity of this blockchain, you have something special and unique that is poised for great success in the years ahead,” he said.
At press time, XRP traded at $1.433.
