Important statements came from CEO Brad Garlinghouse after Ripple’s victory. Ripple has finally concluded its long-standing SEC lawsuit with victory. After this historic development, Ripple CEO Brad Garlinghouse made important statements about the future of XRP.
Stating that XRP continues at full speed to be included in the US crypto asset reserve, he drew attention to the steps taken by the Trump administration towards the crypto sector. He said that the developments in the crypto regulations of the US government have opened a new door of opportunity for Ripple and XRP.
XRP to be Included in the US Crypto Reserve and ETF on the Way!
Brad Garlinghouse stated that he expects XRP to be included in the US crypto asset reserve as well as Bitcoin. Garlinghouse explained that the current administration’s positive approach to the cryptocurrency industry is positive and promising for the cryptocurrency industry. He also stated that his expectations are positive about the implementation of the XRP Exchange Traded Fund (ETF) in the near future.
In Garlinghouse’s interview with Bloomberg, he drew attention to the change in the US government’s perspective on the cryptocurrency sector. Although a presidential executive order did not include XRP in the list of digital assets that only Bitcoin is included in the strategic reserve, Garlinghouse stated that he is confident that XRP will be added to this list in the future.
Garlinghouse described the change in the US attitude towards the crypto sector to the Trump administration in this way: “In the past, we couldn’t meet with anyone at the White House. Now they’re open to us. This is an indication that the cryptocurrency market is accepted.
Ripple’s Future Plans and Legal Challenges
With the SEC withdrawing its appeal in the case against Ripple, it was an important turning point for the company’s future. Garlinghouse also noted that Ripple spent about $150 million to defend itself in this legal process. Following this victory, the company plans to pursue a more aggressive growth strategy on a global scale as the obstacles are removed.
Cryptocurrency Adoption Increases in the US
The US President Donald Trump administration aims to pave the way for the sector by reducing legal pressure on digital assets by dropping some of the lawsuits filed against cryptocurrency exchanges such as Coinbase and Binance. With US President Donald Trump continuing to make active posts and initiatives on cryptocurrency since his first day in office, developments in the cryptocurrency industry continue to increase day by day. In particular, the historic lawsuit filed against XRP was concluded years later, but the result was appealed and remained on the agenda again.
With the US administration’s perspective on the cryptocurrency sector, the SEC dropped the appeal and relieved the XRP side.