Ripple co-founder and chairman Chris Larsen says the company’s most important achievement is not a technical breakthrough.
Instead, it is about gaining the trust of enterprise financial institutions around the world. Larsen Share This perspective while talking about the “When Shift Shift Will Come” podcast hosted by Kevin Follonier.
Larsen emphasized that reliability and consistency are key to Ripple’s long-term positioning in the global payments ecosystem.
“It’s about trust, not technology.” Larsen said. “We’ve gained the trust of the financial world…it takes a lot of work and consistency.”
According to Larsen, Ripple’s involvement with financial operations and payment players around the world is the result of more than a decade of reliable performance.
Consistency against hype
In an industry that is often driven by a hype cycle and rapid innovation, Larsen noted that Ripple’s rise comes from a 13-year, consistent presence characterized by its commitment to solving real-world problems.
This is evident in several important alliances and major regulatory licenses for operations across various continents that Ripple secured during his decade-long journey in the crypto space.
In the 2010s, Ripple participated in collaborations with SBI Holdings, Santander, Moneygram, American Express, and Standard Chartered. These alliances led to the introduction of a variety of products that served the goal of moving value for human interest.
Specifically, in 2018, SBI Ripple Asia launched MoneyTap, a ripple-driven app for domestic payments in Japan. In the same year, Santander introduced one paid FX using Ripple’s system.
In the 2020s, Ripple continued its partnership winning streak. In particular, it acquired Swiss Crypto Custody Firm Metaco in May 2023 for $250 million and in 2025 Hidden Road for $1.25 billion.
The company also secured licenses from the Singapore central bank to provide digital payment services in 2023, and has around 50 remittance licenses in many US states.
Ripple Chairman Larsen emphasized that the company had not reached the point it had been lucky. Instead, it was successful due to consistency and value that resonated with the institutional players.
The culture behind the mission
Larsen also described Ripple’s internal culture as the powerful force behind its success, as a “glue” that holds the mission together.
He gave a special cry to Ripple CEO Brad Garlinghouse for maintaining the company’s core values through market changes.
“I wear a hat on Brad to stay truly pure for the culture.” Larsen said, I praise the team “Amazing, dedicated people… working hard every day with the right core value and their hearts.”
Overall, Ripple continues to expand its role in enterprise payments, releasing key products such as the recently launched Stablecoin, RLUSD, and more to better serve the financial markets. Larsen’s comments confirm that trust and long-term vision are Ripple’s most valuable technology.
