Ripple CEO talks about the impact of Coronavirus on the company
- Ripple has asked its employees to work remotely to reduce the spread of coronavirus.
- CEO Brad Garlinghouse said that they’re “doing everything they can” to ensure cross-border payments at this crucial time.
Brad Garlinghouse, the CEO of Ripple, has said that the company considers the health of its employees as a priority and so, they’re asked to work remotely to reduce the spread of COVID-19. However, the company continues to serve its customers during this crucial time.
The CEO tweeted:
Like many businesses, @Ripple's highest priority is the wellbeing of team @Ripple. As COVID-19 developed over the past several months, the global team has transitioned to remote work, in efforts to stay safe while continuing to support our customers. (1/3). -@bgarlinghouse
Garlinghouse noted that Ripple is “doing everything they can” to let users make international payments to their family and loved ones. He continued:
In this unprecedented new reality, it’s critical that we not forget those who are in need. We @Ripple are doing all we can for our customers around the globe to ensure individuals can continue to send money home to loved ones in a time they need it most. (2/3) -@bgarlinghouse
Recently, Ripple was recognized as one of the leaders in the cross-border payment industry. Garglinghouse also said that the global economy is in “uncharted waters” because of the outbreak of Coronavirus disease. Nevertheless, he believes that the markets will eventually recover.
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
