Covid-19 Pandemic: Brad Garlinghouse Responds

The Covid-19 pandemic is an unprecedented health crisis in the modern world. The virus is spreading at the most disturbing speed around the world. That’s why, Ripple’s CEO, Brad Garlinghouse, held expressed his vision for the event via his Twitter account.

Like many businesses, @Ripple's highest priority is the wellbeing of team @Ripple. As COVID-19 developed over the past several months, the global team has transitioned to remote work, in efforts to stay safe while continuing to support our customers. (1/3)

– Brad Garlinghouse (@bgarlinghouse) March 19, 2020

Given the state of emergency in which most countries in the world find themselves today, all economic sectors are affected, without distinction, although on different scales. Small local start-ups with big names in finance world, no establishment has been spared, including Ripple, one of the giants of the world of cryptocurrency.

Ripple changes its internal operating mode

This unprecedented situation for all has stimulated a new form of operation, an intelligent way of working, which is already operational in companies such as Bitfinex. To protect its employees, Ripple then moved in this direction. This new way of working has been set up in particular to provide significant support to the many users of the XRP. Indeed, they rely on the various Ripple services to to transfer money, as the CEO of Ripple rightly pointed out.

In this unprecedented new reality, it's critical that we not forget those who are in need. We @Ripple are doing all we can for our customers around the globe to ensure individuals can continue to send money home to loved ones in a time they need it most. (2/3)

– Brad Garlinghouse (@bgarlinghouse) March 19, 2020

Ripple's various services allow payment instruments to be used quickly and in many countries, which simplifies the fund management or shopping for many people. This is why, according to Brad Garlinghouse, Ripple certainly cannot sit idle. The CEO then ends his tweets with words of hope for the future, even if he admits that all areas relating to the economy are currently in a new position, and that it is still too early to be able to make long-term predictions. However, according to Ripple’s CEO, the markets have been very resilient and therefore weathered by extreme conditions like the one currently facing the global economy.