Ripple CEO Brad Garlinghouse Fuels XRP Optimism with Vision for Modernizing Cross-Border Payments
In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse sparked renewed bullish sentiment around XRP by sharply criticizing legacy cross-border payment systems as outdated and inefficient. His comments highlight Ripple’s ambitious plans to revolutionize global money transfers using blockchain technology, positioning XRP as a key player in this transformation. As of April 2025, the cryptocurrency community is closely watching how these developments might influence XRP’s market trajectory.
Ripple CEO Ignites Optimism with Bold Vision for XRP and Cross-Border Payments
Ripple CEO Brad Garlinghouse has reignited bullish sentiment around XRP with a forceful critique of legacy cross-border payment systems. In a Fox Business interview, Garlinghouse framed current infrastructure as technologically obsolete, declaring it "50 years behind" modern requirements.
The remarks reinforce Ripple’s positioning as a disruptor in global money transfers. Market observers note such statements typically precede renewed speculation about XRP’s price potential, particularly among proponents of blockchain-based settlement solutions.
XRP Price Prediction Soars—$48 Target as Ripple Eyes $20T Market
Ripple CEO Brad Garlinghouse has set an ambitious target: displacing SWIFT’s $194 trillion cross-border payment infrastructure with blockchain-powered solutions. The XRP token could reach $48 if Ripple captures just 10% of the projected $320 trillion market by 2032.
SWIFT’s 1970s-era messaging system appears increasingly antiquated in today’s real-time financial landscape. Ripple’s technology promises faster settlement times and lower costs, with XRP serving as the bridge currency for international transactions.
Market analysts note that price action will depend on three key factors: institutional adoption rates, regulatory clarity, and the network’s ability to handle exponential transaction volume growth. The $48 projection assumes XRP would need to process approximately $20 trillion annually—a figure representing significant but achievable market penetration.
U.S. SEC Delays Decision on Franklin Templeton’s Spot XRP ETF
The U.S. Securities and Exchange Commission has postponed its decision on Franklin Templeton’s proposed spot XRP ETF, pushing the deadline to June 2025. This delay follows the recent approval of an XRP futures ETF, which market analysts suggest could pave the way for eventual spot ETF approval.
XRP’s price shows bullish momentum, with institutional interest driving Optimism toward a $3 valuation. Bloomberg ETF specialist James Seyffart notes the SEC faces a mid-October window for further action, leaving the market in suspense.
ProShares Denies XRP ETF Launch Set for April 30
Rumors of a ProShares XRP ETF launching on April 30 sparked speculation in crypto markets, but Bloomberg ETF analyst James Seyffart confirmed no such date exists. The misinformation stemmed from a misread regulatory filing dated April 15.
ProShares clarified it has no immediate plans for an XRP ETF, futures-based or otherwise. Market commentators noted that any potential product would likely involve futures contracts rather than direct spot exposure—a structure known for heightened volatility sensitivity.
Nate Geraci of The ETF Store suggested upcoming products may focus on Leveraged and inverse strategies, catering to sophisticated traders rather than long-term holders. The episode underscores the market’s hypersensitivity to ETF developments following Bitcoin’s landmark approvals earlier this year.
XRP Spot ETF Decision Expected by Mid-October, Says ETF Expert
The timeline for a potential XRP spot ETF approval is coming into focus. According to ETF analyst James Seyffart, a final decision could arrive around October 18th. This mid-October deadline follows intermediate regulatory milestones for crypto exchange-traded products.
Bloomberg Intelligence’s Seyffart noted that Q4 2023 may see conclusive rulings on multiple cryptocurrency ETPs. The XRP ETF speculation gained traction after Crypto America host Eleanor Terrett highlighted Seyffart’s assessment in a recent tweet. Market participants are now watching for SEC signals as the October deadline approaches.
