Crypto

Ripple CEO Highlights Trump's Election Impact on Crypto Industry

Ripple CEO Brad Garlinghouse on Trump's Election

During the XRP Community Day on X Spaces, Brad Garlinghouse, CEO of Ripple Labs Inc., shared his views on the profound impact of United States President Donald Trump's election on the cryptocurrency industry.

Scott Bessent's Role in Treasury Department

Garlinghouse praised Trump's selection of Scott Bessent to lead the Treasury Department, describing him as an "all-star of a human being" who has consistently embraced innovation throughout his career.

Discussions on XRP as a US Strategic Reserve Asset

He also revealed discussions with Trump about the potential for XRP to become a US strategic reserve asset. While advocating for a diversified reserve, Garlinghouse emphasized the importance of a level-playing field in the crypto world, stating, "We're in a multichain world, and I've lobbied for a level-playing field and not one token vs. another. The opportunities are so large there will be many winners."