- Brad Garlinghouse believes XRP could join the US digital asset reserve following increased crypto engagement from the current administration.
- Ripple anticipates early XRP ETF approval, citing improved regulatory openness and increasing trader interest following reduced SEC legal pressure.
- The SEC dropped its appeal against Ripple, with Garlinghouse confirming the company spent nearly $150 million defending the lawsuit.
Ripple CEO Brad Garlinghouse believes XRP is on track to be included in the United States’ official digital asset reserve. His comments come as the current administration expands its engagement with cryptocurrency leaders, indicating broader recognition of digital assets beyond Bitcoin.
In an interview with Bloomberg, Garlinghouse explained that earlier federal digital asset frameworks excluded XRP, listing only Bitcoin as a strategic reserve. However, he emphasized that this stance has started to change.
Garlinghouse noted that Ripple is now having discussions with senior officials, including members of the White House.
ETF Prospect Boosted by Growing Crypto Acceptance
Besides inclusion in federal holdings, Garlinghouse expressed optimism about an XRP Exchange-Traded Fund (ETF). He stated that growing institutional acceptance and regulatory flexibility under the current administration could lead to faster approval timelines. The CEO believes the crypto market environment is shifting in a direction that supports ETF launches.
The legal victory of Ripple has caused the platform to expand its presence. Ripple received a favorable decision as the US Securities and Exchange Commission (SEC) terminated its case appeal against the company. Ripple secured this win while it defended itself through a regulatory challenge that consumed roughly $150 million worth of spending.
Under the Trump administration, the US government has adopted a new stance regarding digital assets which Garlinghouse has confirmed. The government recently examined legal proceedings that included significant platforms Binance and Coinbase. The improved relationship between policymakers and crypto firms emerged because of this developing trend.
XRP has received growing attention from retail investors as well as institutions in recent months. Garlinghouse attributes this rise to regulatory clarity and reduced legal obstacles. Market confidence together with trading volumes of XRP continues to grow since legal ambiguities have begun to dissipate.
Ripple continues to establish regular communication with both regulatory agencies and representatives of the lawmaking branch. Through its efforts, the company works to obtain digital asset regulations that promote compliance and innovation between policymakers and crypto firms. Ripple pursues this strategic engagement as part of its mission to increase its position in financial operations over the long term.
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