Ripple Plans Bigger Expansion, Seeking Global Vice President of Business Development

Libra Coin News
Fri, 09/13/2019 - 13:30
Yuri Molchan
Ripple seeks new Vice President of Business Development as the company plans on a bigger global expansion and wishes to make new partnerships
Cover image via www.123rf.com
Contents

A top Ripple executive, Jim Chauncey-Kelly, has recently tweeted that Ripple seeks to fill a high-ranking vacancy – Global Vice President of Business Development.

Who Ripple wants to hire

As per the job description, the hired person will have to:

 …establish, grow and manage revenue-generating partnerships with the most dominant Internet, e-commerce and financial services companies processing cross-border payment transactions.

Ripple is looking for a highly experienced person who has previously closed large-scale deals on new partnerships in the industry of technologies (at least 15 years of working in the space).

Image by https://www.ripple.com 

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Brad Garlinghouse’s recent interview on CNN

As U.Today reported earlier, the chief executive of Ripple Brad Garlinghouse has given a much-anticipated interview on CNN, hosted by Julia Chatterley.

In that talk, the head of Ripple addressed several hot issues regarding the company and XRP. He tackled the FUD that has been spreading around XRP and in particular, he stated that Ripple does not have any control over its price.

He also confirmed that Ripple sells large portions of XRP to banks and payment providers with a discount, however, as per him, Ripple sets restrictions to those institutional buyers prohibiting them to sell the XRP right away, so the stash of coins stays in a lockup for a certain period.

Garlinghouse explained this, saying that Ripple does not want anyone dumping XRP on the market.

According to the CNN anchor Julia Chatterley, these questions about discounts to financial institutions and lockups of XRP were among the most popular ones that viewers sent her prior to the interview.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.


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