Ripple CEO Reiterates XRP is Not a Security Following Landmark Court Rulings

Ripple CEO Brad Garlinghouse has made a statement reaffirming that XRP is not a security. This assertion comes after years of litigation between Ripple Labs and US regulators. The company's business model focuses on facilitating cross-border payments using blockchain technology, with XRP playing a role as a bridge asset.

The case has been closely followed across the financial and crypto sectors, providing regulatory clarity for Ripple. Court rulings have differentiated between institutional sales and certain public market transactions, reducing the risk premium associated with digital assets. This development has led to renewed trading activity and regained listings on multiple platforms for XRP.