The SEC sued us in 2020 and we decided to fight instead of settling. Three years and millions in legal fees later, we got a ruling that XRP is not a security on exchanges. Some fights are worth fighting.
SWIFT takes 3-5 days to settle a cross-border payment. Ripple does it in 3-4 seconds. The technology isn't the problem — inertia is. Banks move slowly because slow is comfortable.
We built Ripple to fix the plumbing of global finance. It's not sexy. It's not consumer-facing. But trillions of dollars move through broken pipes every day, and we're replacing those pipes.
The US government is pushing crypto innovation overseas. While the SEC sues American companies, Singapore, the UAE, and the UK are rolling out red carpets. If America isn't careful, it will regulate itself out of the future.
Signing up 300 banks wasn't the hard part. Getting them to actually use XRP for on-demand liquidity — that's the challenge. Enterprise adoption is a marathon, not a sprint.