Ripple CEO brad Garlinghouse emphasized the transparency of the system, and mentioned the numerous contracts signed earlier this year as a major factor that propels the company, adding that “more than one contract per week was signed in the first quarter.”
During the session “Ask me Anything”, the General Director answered questions about the main points of the company’s activities during the first quarter of this year. The head of the company noted that the adoption of xCurrent by the Saudi Arabian monetary Agency, as well as cooperation with banks such as Banco do Brasil, Bank of England and Induslnd India were the main points for the company in the first quarter.
Ripple changes the financial world
Brad Garlinghouse said that the need for XRP as a payment instrument is growing every day due to the fact that this system turns the financial world from analog to digital.
Speaking about the cooperation with Santander, which also is an important event, Arlinghaus said that the release of One Pay FX App, will allow customers of the Bank to make a very quick transfers anywhere in the world. Brad described the event as “exciting.”