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Ripple CEO says XRP is not always the answer, sometimes stablecoins are better

Ripple CEO Brad Garlinghouse said XRP is not the best asset for every payments-related need. He said XRP can be an optimal bridge asset in some cross-border payment situations, but other assets should be used if they are more efficient, including stablecoins. Garlinghouse said he is not an XRP maximalist and is optimistic about various cryptocurrencies. He also stressed real-world utility as the key measure of value and cited NFTs and meme coins as negative examples.