
Tags: brad garlinghouse
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Ripple is applying for a U.S. banking license to enhance trust in its RLUSD stablecoin and gain access to the Fed’s central banking system.
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Garlinghouse noted that Trump’s March executive order established a Bitcoin reserve and a strategic crypto stockpile, explicitly naming XRP as part of it.
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Brad Garlinghouse backs multichain U.S. asset reserve, calls Bitcoin maximalism “the enemy of crypto progress.”
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Ripple executives meet Trump, signaling closer ties as regulatory reforms and crypto-friendly policies take shape in the new administration.
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CEO Brad Garlinghouse hails the “Trump Bull Market” for Ripple’s post-election success, including a surge in domestic hiring.
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Ripple could be among the biggest beneficiaries of a crypto-friendly Congress.
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Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2.
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Concerns have been raised about the next potential chair of the United States Securities and Exchange Commission.
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The CEO said US investors are a lot more inclined to enter the crypto ecosystem after Trump’s victory.
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XRP jumped to almost $0.75 for the first time since March this year.
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Gensler said the lack of compliance in the U.S. crypto space is evident in the number of top executives in jail or awaiting sentencing.
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