Transactions with cryptocurrency Ripple coin (XRP) is a thousand times cheaper and faster than bitcoin. About Swell 2018 in San Francisco, said Ripple CEO brad Garlinghouse, according to The CCPress.

He added that the token XRP has established itself as the most effective tool in the field of payments.

“I think we create an incredibly successful product,” — said the head of the Ripple.

Garlinghouse also said that the price of XRP for it is not so important. He added that he did not know what it will be in three days, three weeks or three months. He is interested in the technological side of the issue and creating products with open source, solving problems for customers.

At the conference the head of the Ripple also announced the beginning of commercial use of the product xRapid.

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