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Will Ripple CEO Address XRP Dumping At Fintech Week?

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Will Ripple CEO Address XRP Dumping At Fintech Week?

Ripple CEO, Brad Garlinghouse is a confirmed keynote speaker at this year’s DC Fintech Week. Although the agenda precludes XRP price, many see this as a further opportunity for Garlinghouse to address concerns over XRP dumping, which some attribute to price stagnation in the divisive token.Will Garlinghouse Address The Issue Of Ripple Dumping XRP?Thought leaders and attendees will gather in Washington DC on October 21-24 to deliberate all matters fintech. This year’s event includes notable industry movers and shakers, such as SEC Chair, Jay Clayton and ConsenSys founder, Joe Lubin. But none more prominent than Brad Garlinghouse.Garlinghouse recently took to Twitter to address concerns over Ripple’s quarterly sales of XRP, which some believe is the cause of poor price performance this year. He defended the sales by saying:XRP sales are about helping expand XRP’s utility – building RippleNet & supporting other biz building w/XRP ie Dharma & Forte. Reality is we DECREASED our sales by volume Q/Q and since then the inflation rate of XRP circulating supply has been lower than that of BTC and ETH.”

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Author: Samuel Wan

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