Ripple CEO says Dutch gold transfer makes the case for crypto

Ripple CEO Brad Garlinghouse has cited an 86-tonne reallocation of Dutch gold reserves to argue that crypto networks can move value across borders faster than physical reserve systems. Summary DNB sold about 59 tonnes of gold in New York and replaced it in London. More than 27 tonnes were moved physically between North America, Zeist, and London. Garlinghouse said crypto reduces the dependence of value transfers on asset location. DNB kept its total gold reserves unchanged while increasing the share stored in London. Dutch gold transfer changed where reserves were held De Nederlandsche Bank said it reallocated about 86 tonnes of gold between March and August 2026 to make its reserves easier to trade and strengthen its preparations for a possible crisis. Most of the operation did not involve shipping the same bars across the Atlantic. According to the central bank’s announcement, DNB sold approximately 59 tonnes in New York before buying the same amount of market-standard gold in London. DNB also used physical transfers for part of the operation. More than 27 tonnes were moved from the United States and Canada to its cash center in Zeist, while a similar amount of market-standard go...