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Ripple CEO Garlinghouse Backs Trumpโ€™s Crypto Reforms: A Big Win for XRP?

Story Highlights
  • Ripple CEO Brad Garlinghouse is optimistic about the U.S. crypto market's future due to recent regulatory pushes.

  • Key U.S. lawmakers are supporting legislation for clearer crypto rules, which Garlinghouse sees as a major step forward.

  • Garlinghouse's support for regulation suggests a significant role for Ripple in the future of U.S. crypto.

Ripple CEO brad garlinghouse is excited about the changes happening in the U.S. crypto market under Donald Trumpโ€™s leadership, calling them a โ€œbig deal.โ€ His optimism comes after U.S. Crypto Czar David Sacks pushed for clearer rules on digital assets like Bitcoin and XRP. This marks a major shift in how the U.S. plans to handle cryptocurrencies long-term.

It’s Time for Crypto to Have Clarity!

Despite criticism of Sacksโ€™ recent press conference, Garlinghouse is encouraged that key lawmakers from both the Senate and the House of Representatives now support crypto legislation. He believes this is a major step forward, showing that Washington is finally taking digital assets seriously and working on rules that will give businesses and investors more certainty.

Could XRP Become Part of the U.S. Financial System?

With Garlinghouse backing the push for better regulations, speculation is growing that Rippleโ€” the company behind XRP – could play a key role in shaping U.S. crypto policy. Some even believe XRP could be added to a national reserve list, though no official confirmation has been given.

Adding to the buzz, Trumpโ€™s meeting with Ripple before his inauguration and the sudden rise in these rumors make some wonder if this is part of a larger plan.

Is Bitcoin Reserve Reality or Just Hype?ย 

David Sacks recently spoke about the possibility of creating a Bitcoin Strategic Reserve, following instructions from President Trump. While this initially seemed like a good step, some people were concerned when Sacks mentioned โ€œdigital assetsโ€ more than Bitcoin itself. This sparked fears that the focus might shift away from Bitcoin, which has some investors feeling uncertain about what this could mean for the market.

Stablecoins Could Boost the US Dollar

Sacks also highlighted the importance of stablecoinsโ€”digital currencies linked to real-world assets like the U.S. dollar. He believes stablecoins could help strengthen the dollarโ€™s global position and drive the adoption of a digital U.S. dollar. More demand for stablecoins could also boost U.S. government bond purchases, which might lower long-term interest rates.

XRP Price Predictions

Despite some uncertainty, Garlinghouse remains confident about cryptoโ€™s future in the U.S. He sees the regulatory push as a major step in the right direction. Meanwhile, analysts at EGRAG Crypto predict XRP could soon rise to $4โ€“$5, though hitting $20 seems unlikely for now.

Still, the overall outlook for XRP remains positive, keeping investors hopeful.

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