Ripple CEO Brad Garlinghouse has reassured his followers that Ripple is fine — despite the recent upheaval at Silicon Valley Bank.
Ripple CEO Brad Garlinghouse took to Twitter on Mar. 12 to discuss the company’s exposure to Silicon Valley Bank and reassure his followers of Ripple's stability.
Ripple had exposure to SVB, Garlinghouse said, but “we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.” His short tweet thread was intended to reassure users. “Rest assured, Ripple remains in a strong financial position,” he tweeted.Ripple had some exposure to SVB – it was a banking partner, and held some of our cash balance. Fortunately, we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEORipple CEO Brad Garlinghouse said the company had “some exposure” to Silicon Valley Bank but remains “strong.” realDannyNelson reports
Weiterlesen »
XRP Community Awaiting Ripple’s Answers on Failed Silicon Valley Bank ExposureRipple's potential exposure to the failed Silicon Valley Bank (SVB) has left the XRP community divided and anxious for a statement from the San Francisco-based company
Weiterlesen »
XRP Ledger Was First Blockchain With Stablecoins: Ex-Ripple DirectorEthereum $ETH distorted original notion of stablecoins, ex-Ripple director explains ripplesec ripplexrp xrp xrparmy xrpcommunity ripple xrpsec sec xrpl xrpledger ripplex stablecoin xrpthestandart $xrp
Weiterlesen »
Ripple's CTO Guarantees Update on SVB Exposure: DetailsRipple's CTO assures clarity on SVB exposure with imminent statement XRPArmy RippleXRP $XRP XRPCommunity XRPHolders
Weiterlesen »
Regulators Face Urgent Task to Stem Spread From Silicon Valley BankBank regulators are racing to sort out Friday’s stunningly hasty collapse of Silicon Valley Bank and are facing high stakes as they try to shield the banking system from wider fallout
Weiterlesen »
No, Shania Twain Still Has Not Met Brad Pitt: ‘I Think He’s Avoiding Me’Back in 1997, Shania Twain confidently declared that movie star Brad Pitt was nothing special in her hit track, “That Don’t Impress Me Much.” However, 26 years later, they have still never come face-to-face.
Weiterlesen »