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Ripple CEO Changes His Tune on Dogecoin
During the recent Apex 2025 event, Ripple CEO Brad Garlinghouse said that Dogecoin (DOGE) is not going away
"It's part of the ecosystem. It plays a role," he said, pointing to its high liquidity
In the past, however, Garlinghouse was critical of the meme cryptocurrency since he was convinced that it would not reflect well on the industry
Still, Garlinghouse believes that meme coins negatively affect those industry actors who are trying to build real products
"I've never purchased a meme coin, ever," Garlinghouse said
Garlinghouse said that he had been introduced to Bitcoin in 2012
Back then, he thought that Bitcoin's Achilles' heel would be the anti-bank and the anti-government sentiment
Garlinghouse was convinced that there would not be a parallel system, meaning that there would be bridges between traditional finance and crypto
The Ripple CEO previously stated that the Bitcoin community was not an enemy of XRP holders