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Despite being perhaps one of the most controversial projects within the crypto-verse, Ripple continues to demonstrate that it is a quality blockchain with practical uses not only for the future but also for the present. In an extract of an interview published by Steven Diep, Michael Arrington testified to this by describing how his company took advantage of Ripple’s technologies to move large amounts of money quickly, safely and cheaply.

Arrington, who is CEO of Arrington XRP Capital, mentioned that thanks to Ripple’s blockchain, his company’s development team sent 50 million dollars in XRP with amazing results, according to his words, even better than those expected from other traditional blockchains:

makes of XRP an extremely attractive option not only for investors but the average user.

Ripple’s XRP Is Good For One Thing: “Moving Money Fast and Cheap”

Arrington noted that although Ripple is well-established and true to its principles, he “doesn’t understand” why there is such an aversion towards it on behalf of the community, when in fact Ripple fulfills a purpose and does it successfully:

In the last few weeks, Ripple has had an important upturn in its popularity. Although some members of the crypto sphere still view with disapproval the company’s philosophy, the truth is that the XRP/Ripple community has been strengthened and has gained followers all around the world.

Recently, Ripple has been in the media spotlight thanks to the launch of xRapid and the wave of institutional investments it has managed to achieve.