Brad Garlinghouse shared his opinion on the ongoing development in the XRP lawsuit & expects that it will be over by the next third quarter of this year.
Ripple is an American company, which provides global payment services for businesses globally. This company utilizes XRP coin liquidity to process money transactions. Ripple Labs is the engineering team behind XRP coin’ blockchain network XRPL.
Recently in an interview with Dubai FinTech Summit, Ripple CEO Brad Garlinghouse shared his views on the future of Crypto innovation & XRP Lawsuit.
On the Bitcoin price movement, Ripple CEO said that it will trade in between $27k to $30k. He noted that the crypto market will not gain a better upside because of the downfall of several crypto companies in the last year.
According to Ripple CEO, the recent US banking crisis forced people to show interest in cryptocurrencies and also said that it will be too early to comment on the future of the US dollar’s dominance but admitted that the world will be able to predict the ability & future dominance of US dollar after 10 to 20 years.
Addressing the Ripple vs SEC lawsuit, Garlinghouse said that there are huge chances that the lawsuit will end in the next 2 months to 6 months.
Ripple CEO noted that high fluctuations in the case resolution time frame is because of the decision of the court judge that she would like to have a timeline for this case.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.