Elon Musk, CEO of Tesla and SpaceX, directly mentioned XRP for the first time during a Town Hall meeting in Pittsburgh, Pennsylvania. The dialogue unfolded when an attendee, seemingly a supporter, asked Musk: “Do you envision the XRP Ledger being incorporated into financial institutions in the future?”

He responded thoughtfully: “I do think that cryptocurrency is an interesting and probably valuable bulwark against centralized control.” Musk, who has to be careful what he says in public due to