CEO Brad Garlinghouse said Ripple is "in a very strong position... and I intend to press our advantage" through new investments.
The price of XRP and Litecoin, two of the world's largest cryptocurrencies, fell to new 2018 lows on Wednesday.
Ripple's sales of the XRP cryptocurrency fell 56 percent to $73.53 million in Q2, but the firm gained more customers, its latest report says.
A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms.
"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.
A new lawsuit claims XRP is a security controlled by Ripple.
In a tweet late Thursday night, Ripple stated that three of the top five money transfer businesses will begin using its XRP cryptocurrency in 2018.
