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Ripple CEO says crypto can enable instant global value transfer, citing Dutch central bank's gold move.

Market News
07 Sep 2026
Coingape
View Source
Bullish
Ripple CEO says crypto can enable instant global value transfer, citing Dutch central bank's gold move.

Ripple CEO Brad Garlinghouse highlighted the Dutch central bank's recent transfer of 86 tonnes of gold to illustrate how traditional financial systems rely heavily on physical location and custody, causing delays. He argued that cryptocurrencies offer a faster, cheaper, and more secure way to transfer value globally without physical movement. Garlinghouse compared this to Germany's four-year gold transfer process and emphasized that digital assets can improve financial infrastructure by eliminating location-based constraints. This discussion aligns with ongoing debates about crypto's potential to replace gold as a strategic reserve asset, with Binance's CZ noting that such a shift would take time due to established gold systems.

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