Table content
# Ripples Chief Executive Officer Talks About XRP: It Is Possible That We Will Lower The Amount Of Products Sold
Ripple’s main executive, Brad Garlinghouse, recently spoke about the current discussion about the company’s XRP sales in a meeting with Bloomberg. He mentioned that the company could lower the amount of its products sold in the time to come.
Garlinghouse told Sonali Basak from Bloomberg, “You know, at a certain time, we might not be selling as much.”
The 53-year-old executive also gave negative feedback to some of Ripple’s critics, blaming them for sharing untrue information about the company.
He joked, “But to be honest, we are now being criticized for having too much, and then we are criticized for selling some.”
Ripple’s leader also made clear that XRP is slightly going down in value, as the amount available has been lowered to 99.9 billion units.
According to Garlinghouse, the company currently owns 42% of the total XRP amount available.
## Attacking Feels More Favorable
As stated by U.Today, the SEC has stopped its legal action against Ripple, which was first started in October under the former Chairman Gary Gensler.
Garlinghouse stated that this gives important confidence for Ripple and himself personally.
However, Ripple has not given up its legal action against the SEC. Garlinghouse showed that the company now has the advantage.
He expressed, “We’ll find out. Attacking feels a lot more favorable than defending.”
## Is It Possible For RLUSD To Enter The Top 5?
During the meeting, Garlinghouse stated that the company plans to push Ripple USD (RLUSD) into the top 5 before the end of the year. He predicted important growth in this part of the market.
As U.Today stated, Ripple’s controlled stablecoin was recently put on LMAX Digital. Bitcoin Digging Achieves a Significant Triumph in US Rule-making
