Ripple and XRP had a successful year, and the company made considerable efforts to boost the entire XRP ecosystem so far.
The two entities were also surrounded by all kinds of controversies as well, and the nature of the digital asset has been questioned a lot.
Does Ripple need XRP or not? This is the question that has been raised recently in relation to these two entities.
Anthony Pompliano confirms an interview with Brad Garlinghouse
According to the latest reports, Anthony Pompliano, who is the co-founder of Morgan Creek Digital Assets has just confirmed an interview with the CEO of Ripple, Brad Garlinghouse.
The online publication the Daily Hodl revealed that Pompliano has recently said that he’d been quite confounded by Ripple’s use:
“Frankly, I’m very confounded by XRP. Mainly in the sense that I think the software company behind it, Ripple – what their ambitions are makes a lot of sense. They would like to help banks transfer money more easily. That seems to be a very rational perspective and it’s something that if you’ve ever used a bank, you know it can be painful.”
CONFIRMED: I'll be interviewing @bgarlinghouse on Friday afternoon for 90 minutes.
This will be a completely unfiltered conversation and he has agreed to answer any questions.
What should I ask him?
— Anthony Pompliano 🌪 (@APompliano) October 1, 2019
He continued and said: “Where the questions come in, and I probably lack understanding, is how XRP is needed in that process. I always say that if people could mentally separate Ripple the software company from XRP the token, there would be a lot less backlash against Ripple the software company.f XRP.”
Ripple is rebranding its products
Speaking of Ripple, it’s just been reported that the company is currently in the process of rebranding its products.
So far, the firm has removed almost all the references to the three main cross-border payment products from the website.
xRapid, the XRP-based payment solution seems to have been rebranded, and now Ripple uses the term “On-Demand Liquidity.”