- Trump calls banking system outdated, urges crypto powered upgrade
- Garlinghouse and Larsen back sweeping financial infrastructure overhaul
- XRP supporters see policy and Ripple vision aligning
A widely shared clip on X by crypto commentator Pumpius highlighted similar remarks from President Donald Trump alongside Ripple’s senior executives Brad Garlinghouse and Chris Larsen. The footage, which combines different clips from the respective individuals, shows that Trump, Garlinghouse, and Larsen are voicing a similar vision for the future of global finance.
Trump and Ripple Leaders Emphasize Urgent Financial System Overhaul
In the footage, U.S President Donald Trump described the technical backbone of the current banking system as “decades out of date.” He noted that payments and money transfers often remain costly and slow.
Moreover, he said, pending crypto legislation could allow a 21st century upgrade using advanced digital technology. According to Pumpius, those comments closely reflect Ripple’s long-standing effort to modernize cross-border settlement infrastructure.
At the same time, Ripple Chief Executive Officer Brad Garlinghouse, during the recent XRP Las Vegas event, pointed to the scale of structural change ahead. He referenced remarks by former Chief Technology Officer David Schwartz about rewiring the entire banking system over the coming years.
Garlinghouse added that many observers underestimate how significant that transformation could become over time. Additionally, he emphasized collaboration between regulators and innovators as a necessary element of that shift.
Also Read: Analyst Gives Clear Warning About XRP Price – What You Should Know
The clip also showed Chris Larsen, Ripple’s executive chairman and co-founder, reinforcing the modernization theme during a public remark. He explained that Ripple combines cryptography specialists with professionals who understand the plumbing of global finance.
Furthermore, he highlighted the addition of experienced economic advisors to Ripple’s board. Larsen said distributed ledger technology can improve efficiency across payments and settlement networks while reducing friction in cross-border flows.
Shared Focus on Modernizing Financial Infrastructure
Pumpius outlined Ripple’s broader ecosystem, which he describes as spanning multiple layers of financial services. XRP functions as a liquidity and cross-border payments asset within that framework. RLUSD operates as a stablecoin intended for institutional transactions and settlement.
Doppler Finance connects digital assets with yield and fixed income markets. Ripple Custody and GTreasury focus on asset safekeeping and corporate treasury management. Hidden Road, operating under Ripple Prime, supports brokerage services for institutional clients.
The overlap in messaging, according to Pumpius, has strengthened discussion about long-term Ripple strategy and regulatory direction. As debates over crypto legislation continue in Washington, the remarks from Trump and Ripple executives remain central to conversations about upgrading legacy financial infrastructure.
Ultimately, the statements from President Trump and Ripple’s leadership highlight a shared emphasis on updating payment systems through crypto technology.
Also Read: Trending: XRP to Hit $15 by March 15? Analysts’ Prediction Ignites Backlash
