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Ripple CEO says company bridges traditional finance and DeFi, expects record growth amid crypto market challenges

Market News
19 Aug 2026
Coinpaper
View Source
Bullish
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Ripple CEO Brad Garlinghouse emphasized the company's role as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), highlighting Ripple's 75 global licenses and a U.S. court ruling that XRP is not a security. He expects Ripple to achieve record revenue growth despite a soft crypto market, driven by institutional demand and strategic acquisitions totaling billions. Garlinghouse noted increased interest from CFOs and treasurers in practical blockchain uses like payments and treasury management, signaling broader crypto adoption beyond speculation. He also called for strong controls on AI-driven payments, underscoring Ripple's vision of integrating TradFi and crypto rather than replacing banks.

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