Ripple CEO's Insight on Trump's Election and Crypto

During the XRP Community Day on X Spaces, Ripple Labs Inc. CEO Brad Garlinghouse shared his thoughts on the significant impact of United States President Donald Trump's election on the cryptocurrency industry. Garlinghouse emphasized the importance of Trump's choice for the Treasury Department, Scott Bessent, praising him as an innovative leader.

Garlinghouse revealed discussions with Trump about the potential of XRP becoming a US strategic reserve asset. He advocated for a diversified reserve, not limited to a single cryptocurrency, and clarified his support for a multichain world, owning XRP, Bitcoin, and Ethereum among others. He stressed the importance of a level-playing field in the crypto space, envisioning a future with multiple winners.