\u201cAnd so when we talk about like should we ban something, let\u2019s make sure we understand what we\u2019re talking about. The way ripple uses these technologies, as you introduced, is we can make cross-border payments, which are slow and expensive today, we can make them real-time, very efficient, very low-cost, and that\u2019s good for the global economy.<\/em><\/p>\n \u201cWe can unlock trillions of dollars kind of trapped capital to make the economy more efficient, and so blockchain technology is going be applied in a lot of really constructive ways. It\u2019s reducing friction, whether that be transaction cost, transaction speed\u2026<\/em>\u201c<\/p>\n What frustrated the XRP community was seeing CNBC display a graphic on the screen \u2014 showing the prices of five of the most popular crypto assets \u2014 called the XRP Ledger\u2019s native crypto asset \u201cRipple\u201d instead of \u201cXRP\u201d.<\/p>\n Following the interview, Garlinghouse sent out a couple of tweets to thank co-anchors Joe Kernen and Andrew Ross Sorkin for the opportunity to talk about Ripple, but interestingly he also pointed out to them CNBC\u2019s mistake.<\/p>\n CNBC finally realized the error of its ways, as XRP influencer \u201cBankXRP\u201d noticed on June 1.<\/p>\n This prompted the Ripple CEO to express his pleasure by tweeting the following words: \u201cI\u2019m doing my happy dance today\u201d.<\/p>\n According to data by TradingView, on crypto exchange Bitstamp, currently (as of 17:55 UTC on June 2), XRP is trading around $1.0248, up 2.19% in the past 24-hour period.<\/p>\n![](\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/06\/TV-Chart-Bitstamp-XRPUSD-One-Day-2-Jun-2021-1-1280x755.png\")
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