Garlinghouse: XRP’s speed, low fees and scalability

At XRP Las Vegas, Ripple CEO Brad Garlinghouse told attendees during an “XRP in a Minute” segment that XRP settles in three to five seconds, transaction fees are fractions of a penny and the network has processed more than 4 billion transactions.

He described those performance metrics as central to the XRP Ledger’s use for payments and institutional finance, noting the ledger was designed to speed settlement and reduce operating costs.

Garlinghouse traced the ledger’s origins to developers who worked on Bitcoin’s core code before creating a separate network optimized for payments. He pointed to the ledger’s long operating history and growing transaction tally as evidence of its sustained operation.

He said the combination of speed, low fees and capacity allows the token to support higher transaction volumes and broader payment use cases. Garlinghouse stated, “What makes XRP unique is its speed, cost and scalability.”

Garlinghouse connected those technical features to Ripple’s business plans for liquidity, cross-border settlement, collateral movement and tokenized financial infrastructure. Ripple has described XRP as a guiding asset for parts of its institutional finance efforts and Garlinghouse has emphasized the XRP community as adoption continues.

He also highlighted community support and the ledger’s continuous operation as factors that distinguish XRP in payment-focused applications. Garlinghouse added, “You have something special and unique that is poised for great success in the years ahead.”

The remarks come as Ripple continues to position XRP as a payment rails option for banks, payment providers and other institutions and to promote the token for on-demand liquidity and settlement services.