Ripple CEO Brad Garlinghouse on Trump's Influence

During the XRP Community Day on X Spaces, Ripple Labs Inc. CEO Brad Garlinghouse shared his insights on how the election of United States President Donald Trump has been profoundly impactful for the cryptocurrency industry.

Scott Bessent: A Champion for Innovation

Garlinghouse praised Scott Bessent, Trump's choice for the Treasury Department, describing him as an "all-star of a human being" with a career that has consistently embraced innovation.

XRP as a Strategic Reserve Asset

The Ripple CEO also revealed discussions with Trump about the potential for XRP to become a US strategic reserve asset. Emphasizing the importance of diversification, Garlinghouse dismissed any notion of favoring one cryptocurrency over another, stating, "We're in a multichain world... The opportunities are so large there will be many winners."