TimesTabloid
2025-08-31 05:02:37

BTC Treasury CEO Says XRP Is the Answer to Failing Global Payment. Here’s why

Crypto influencer XRP Governor shared a post emphasizing the comments of BTC Treasury CEO Elliot Johnson, who voiced his support for XRP as a solution to the inefficiencies in the current global payment system. His statement positioned XRP as a digital asset designed for efficient, cross-border settlements at a time when existing systems are facing significant challenges. XRP Governor framed Johnson’s remarks as a call to recognize the flaws of traditional international money transfers and highlighted XRP as an alternative. Elliot Johnson’s Perspective In the video attached to the tweet, Johnson illustrated the inefficiency of traditional payment networks. He explained the difficulties of sending money internationally, noting that it can cost as much as $40 and still take up to three days for the funds to reach their destination. Using the example of a transfer from Toronto to South Africa, he said the uncertainty of whether the funds would actually arrive further undermines trust in the existing infrastructure. Johnson described this reality as “ridiculous” and contrasted it with the capabilities of XRP . According to him, XRP provides a simple narrative: it is a cryptocurrency built for seamless and instant payments. He noted that as more countries join the network and build liquid local markets, XRP can facilitate transactions by allowing a sender to use one currency and a receiver to accept another without friction. GLOBAL PAYMENTS ARE FAILING BTC Treasury CEO Elliot Johnson affirms: “$XRP is the answer — fast, borderless, and built for the future.” The outdated system is collapsing. XRP stands as the bridge to a new era of finance. pic.twitter.com/sIi1IJ5LOc — XRP Governor (@xrpgovernor) August 29, 2025 Comparison with Traditional Services Johnson further drew comparisons to companies like Western Union, highlighting that XRP allows international money transfers without the high costs associated with such services. He argued that XRP offers a practical alternative by providing instant settlement without excessive fees. In his view, this makes XRP a more efficient option for both individuals and institutions engaged in cross-border financial activities. Broader Implications During his comments, Johnson also stressed that many people living in developed economies may not fully grasp the importance of innovations like XRP because their domestic financial systems are relatively efficient. He clarified that his point was not intended to offend but to highlight that for those who only operate within their own national economies, the urgency of such solutions may not be evident. However, Johnson emphasized that there are many people globally for whom digital assets like XRP represent a meaningful improvement in their financial lives. For these populations, the ability to send and receive money quickly and at low cost can directly impact economic opportunities and financial inclusion. By amplifying Elliot Johnson’s remarks, XRP Governor underlined the growing narrative that XRP has the potential to redefine global payments . Johnson’s comments reflected frustration with outdated systems and positioned XRP as a viable alternative capable of delivering instant, borderless, and cost-effective transfers. The tweet and accompanying video together reinforced the idea that while traditional infrastructures struggle with inefficiencies, XRP is being recognized as a digital solution designed for a more connected and practical financial future. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post BTC Treasury CEO Says XRP Is the Answer to Failing Global Payment. Here’s why appeared first on Times Tabloid .

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