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impact ·Regulatory

Ripple CEO Criticizes Slow Gold Transfer Process

XRP price nears $1.42 as Ripple CEO highlights inefficiencies in gold transfer process.

XSXRPSync Desk
2026-09-10 · 23:01 UTC · 1 min read · synthesised from 3 sources
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.

Ripple's CEO has spoken out against the slow pace of a recent $11 billion gold transfer, highlighting inefficiencies in the current system. This criticism comes as the XRP price approaches $1.42, with some market participants potentially taking note of the comments. The gold transfer process, which is typically associated with traditional finance, has been criticized by Ripple's CEO for its slow speed and high costs. This could have implications for the adoption of blockchain technology in the financial sector, as Ripple continues to push for faster and more efficient payment systems.

Sources

CR Cryptonews
cryptonews.com
YA Yahoo Finance
finance.yahoo.com
YA Yahoo Finance
finance.yahoo.com

XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.