Ripple CEO Says Dutch Gold Move Shows Crypto’s Case

Ripple CEO Brad Garlinghouse said the Dutch central bank’s $11 billion gold transfer from New York to London shows how global finance still moves value through slow, legacy rails. According to BeInCrypto, De Nederlandsche Bank shifted roughly 86 tonnes between March and August, but nearly 70% was a paper exercise after selling about 59 tonnes in New York and repurchasing the same amount in London. Garlinghouse contrasted that with crypto’s rise from a $1.5 billion experiment to a $2.7 trillion asset class.