Ripple CEO Brad Garlinghouse believes Dogecoin (DOGE) has not benefited the cryptocurrency industry.
Regulatory Uncertainty
Garlinghouse expressed concern about the lack of regulatory clarity in the US, which he believes hinders institutional investment in crypto.
Solving Real Problems
The Ripple CEO emphasized that the future of crypto lies in solving real-world problems, rather than speculation. He questioned the utility of DOGE, saying, “I don’t know what the use case is.”
Ripple’s Political Support
Despite his concerns about DOGE, Ripple has donated $50 million to Fairshake, a political action committee supporting pro-crypto candidates.
Cautionary Note
Garlinghouse cautioned investors to do their research before investing in cryptocurrencies. FastPayCrypto does not provide investment advice and advises readers to exercise caution when making any investments.
