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Ripple CEO: Ripple's revenue comes from selling these currencies to the public

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2025-01-26 02:33:10
Brad Garlinghouse, chief executive of Ripple, said "we would not be profitable or generate positive cash flow without selling our XRP assets."
All 100 billion XRP tokens were created out of thin air by Ripple Labs in 2012 and are reserved for insiders.
Ripple's revenue comes from selling these currencies to the public.