There's a new player in the cryptocurrency space. Ripple XRP is now up more than 90 percent over the past couple days. Ripple CEO Brad Garlinghouse explains what drove the growth of this digital asset. Garlinghouse says it is critical to understand the ultimate value of an asset will be dictated by the value and utility it creates. So if you are solving a real problem for customers at scale you will have a lot of demand. The excitement around cryptocurrency is separating the signal from the noise says Garlinghouse. He says its important to recognize the reality in solving a real problem with real customers. Ripple is using blockchain technology to solve a cross-border payments problem says Garlinghouse.

Share:
More In Business
Preview of Tonight's Cheddar News' Docuseries Ready4Work
Job-hunting is difficult and even more so when you've been out of the workforce for a while. Cheddar News' docuseries premieres Thursday night and will look at a job hunter who is working with a career coach to obtain her dream position.
Load More