/biz/ - Business & Finance

Eric Van Miltenburg, Chief Business Officer at Ripple:

"We do hold a significant amount of this digital asset called XRP.
And we will on occasion, sell some of that into the market.
That one, generates some incremental funding for us,
but it also helps create more liquidity in the whole ecosystem of that digital asset.
I won't get into the weeds in terms of how how some of our products work,
but having liquidity in markets around the world for xrp is a big part of what will make our products overtime successful there; serves a dual purpose.
We measure our success not on the price of XRP, but on how much value we're delivering to these financial institutions.
That's largely a function of: Are they using our technology to move money around the world?
And that curve is going up into the right really nicely.
So that's what really gives us a lot of uh energy."

>We will on occasion, sell some of that (XRP) into the market.
>We measure our success not on the price of XRP, but on how much value we're delivering to these financial institutions.

https://youtu.be/zBoVnHuxTB0?si=E20uURmaG3uU3zIO [Embed]

Eric Van Miltenburg, Chief Business Officer at Ripple:
"We do hold a significant amount of this digital asset called XRP.
And we will on occasion, sell some of that into the market.
That one, generates some incremental funding for us,
but it also helps create more liquidity in the whole ecosystem of that digital asset.
I won't get into the weeds in terms of how how some of our products work,
but having liquidity in markets around the world for xrp is a big part of what will make our products overtime successful there; serves a dual purpose.
We measure our success not on the price of XRP, but on how much value we're delivering to these financial institutions.
That's largely a function of: Are they using our technology to move money around the world?
And that curve is going up into the right really nicely.
So that's what really gives us a lot of uh energy."

>We will on occasion, sell some of that (XRP) into the market.
>We measure our success not on the price of XRP, but on how much value we're delivering to these financial institutions.

https://youtu.be/zBoVnHuxTB0?si=E20uURmaG3uU3zIO

Watch the first 48 seconds for the clip to hear Eric Van Miltenburg say the above.
You don't need to watch the whole thing.
I'm linking this just for proof.
I don't give a shit about crypto grifters on Youtube.
So feel to shit on them, but don't use it as an excuse to ignore what is said in the clip.
And if someone can find the same clip somewhere else that is not from a grifter, that would be helpful.
I know how a few of you faggots work.
You will focus only on the clip being from a youtube grifter, to avoid having to address what he said in the clip.
Fuck you, in advance.