According to The Block, Ripple CEO Brad Garlinghouse said in an interview that the company signed more than 30 blockchain payment agreements with financial institutions in a week. Ripple's current valuation is about $305 million because the company has so much cash in the bank. He added: "We don't need to raise funds right now." According to Garlinghouse, Ripple currently has a $15 billion native cryptocurrency XRP. In addition, Garlinghouse commented on Libra, the Facebook-based stable currency project, that if the project is led by other companies such as PayPal, there will be no fierce boycott: "I don't think Facebook is aware of their 'trust deficit.'"