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Ripple CEO says rivals now copying XRP's institutional strategy they once mocked

Protocol Fundamentals
11 Jun 2026
UToday
View Source
Bullish
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Ripple CEO Brad Garlinghouse confirmed that other blockchain networks are now adopting the enterprise-focused strategy that XRP and Ripple pioneered but were previously criticized for. This shift highlights growing institutional adoption and regulatory compliance as key drivers in the crypto market for 2026. Flare co-founder Hugo Philion also noted the irony of competitors now embracing the "banker coin" model they once mocked. Additionally, Ripple is expanding its XRP Ledger with Flare 2.0, introducing advanced privacy and compliance features to support institutional real-world asset issuance and decentralized exchanges.

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