Crypto

Ripple CEO Highlights Trump's Election Impact on Cryptocurrency Innovation

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 views on the significant impact of United States President Donald Trump's election on the cryptocurrency industry. He emphasized the importance of Trump's choice for the Treasury Department and its implications for innovation in the sector.

Discussion on XRP as a Strategic Asset

Garlinghouse revealed that he had discussions with President Trump about the potential of XRP becoming a strategic reserve asset for the US. He advocated for a diversified reserve system, not limited to a single cryptocurrency, and clarified his stance on supporting a level-playing field for all tokens, including Bitcoin and Ethereum.

Advocating for a Multichain World

The Ripple CEO expressed his belief in a multichain world where multiple cryptocurrencies can coexist and thrive. He highlighted his personal investments in XRP, BTC, and ETH, among others, and stressed the vast opportunities available in the crypto space for various tokens to succeed.