Categories: Новости

Brad Garlinghouse commented on Ripple’s situation with SVB

On Twitter, Brad Garlinghouse commented on Ripple’s situation with SVB.

On Twitter, Brad Garlinghouse recently commented on Ripple’s situation with SVB. Was noted:

Setting the record straight on SVB Qs:

Ripple had some exposure to SVB – it was a banking partner, and held some of our cash balance. Fortunately, we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.

Obviously a lot is still unknown about what happens with SVB, and as is the case with many others, we hope to have more details soon – but rest assured, Ripple remains in a strong financial position.

It’s ironic that so much of what’s happening (as some companies scramble to make payroll) highlights how broken our financial systems still are – i.e. wires are still not 24/7/365, rumors lead to collapse and the frictions of moving money within a deeply fragmented system.

Lena Letinskaya

Recent Posts

Ripple XRP Ledger

Разработчик Ник Бугалис рассказал о грядущих изменениях Ripple XRP Ledger. Недавно стало известно о том,…

3 months ago

RippleX reminded about the important advantage of XRPL

On Twitter, RippleX reminded about the important advantage of XRPL. On Twitter, RippleX recently reminded…

3 years ago

RippleX reminded about Apex Summit

On Twitter, RippleX reminded about Apex Summit. On Twitter, RippleX recently reminded about Apex Summit.…

3 years ago

Ripple reminded about its CBDC solutions

On Twitter, Ripple reminded about its CBDC solutions. On Twitter, Ripple recently reminded about its…

3 years ago

RippleX has opened registration for Apex Summit

It was reported that RippleX opened registration for the Apex Summit. It was reported on…

3 years ago

Ripple announced 2023 New Value Report

On Twitter, Ripple announced 2023 New Value Report. On Twitter, Ripple recently announced 2023 New…

3 years ago