Ripple CEO Discusses Trump's Influence on Crypto

During the XRP Community Day on X Spaces, Brad Garlinghouse, CEO of Ripple Labs Inc., shared his views on how the election of Donald Trump as the U.S. President has been significant for the cryptocurrency industry. He emphasized the importance of innovation and strategic discussions about the future of digital currencies.

Strategic Discussions with Trump

Garlinghouse revealed that he had conversations with President Trump about the potential of XRP becoming a strategic reserve asset for the United States. He highlighted the need for diversification in the reserve assets and expressed his support for a multichain world where multiple cryptocurrencies can coexist and thrive.

Support for a Multichain Future

Addressing the community, Garlinghouse clarified his stance on the cryptocurrency market, stating his ownership of various digital assets including XRP, Bitcoin, and Ethereum. He advocated for a fair and level-playing field in the industry, dismissing any notions of favoritism towards a single cryptocurrency. "The opportunities are so large there will be many winners," he remarked, underscoring his belief in the vast potential of the crypto space.