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Ripple News: Garlinghouse Hints at Cutting XRP Sales After SEC Victory

Published by
Debashree Patra

After years of legal battles, price suppression, and endless debates, XRP is finally breaking free. In a major victory for the crypto community, the U.S. Securities and Exchange Commission (SEC) has officially dropped its case against Ripple. But just as things start looking up, Ripple CEO Brad Garlinghouse has hinted at a surprising shift – the company may scale back its XRP sales in the future.

Why would Ripple make such a move now? Let’s break it all down.

Will Ripple Cut Back on XRP Sales?

In an interview with Bloomberg, Garlinghouse responded to criticism about Ripple’s XRP sales. He acknowledged that while the company currently holds 42% of XRP’s total supply, there may come a time when they “won’t be selling as much.” He also pushed back against critics, calling their claims “falsehoods” and pointing out the contradiction – Ripple is often criticized for both holding and selling XRP.

Pierre Rochard, vice president of research at Riot Platforms, has previously argued that Ripple sells XRP mainly as a revenue source, not as an investment. He claims XRP holders are not investing in Ripple itself but are simply buying tokens that the company continues to sell into the market.

According to him, these tokens are created out of thin air, and Ripple has no obligations to buyers after the sale. His comments add to the long-running debate over Ripple’s XRP sales and their impact on the market.

SEC Drops Its Case—But the Fight Isn’t Over

Ripple’s legal victory became official when the SEC decided to drop its appeal against the company. Garlinghouse says this decision gives Ripple much-needed regulatory clarity. However, the battle isn’t completely over – Ripple is still pushing forward with its own cross-appeal against the SEC. Garlinghouse believes this puts Ripple “in the driver’s seat,” allowing the company to take an offensive approach rather than just defending itself.

Big Plans for Ripple’s Stablecoin

Ripple isn’t just focused on XRP—it’s also making moves in the stablecoin space. Garlinghouse revealed that Ripple aims to push its stablecoin, RLUSD, into the top five by the end of the year. This comes after RLUSD was recently added to LMAX Digital, signaling big ambitions for Ripple’s regulated digital currency.

With regulatory clarity and a stronger position in the market, Ripple is more confident than ever. Whether or not it reduces XRP sales, the company is clearly shifting its focus toward growth, new products, and staying competitive in the crypto industry.

The future looks promising for Ripple, and the next moves it makes could shape the direction of the market.

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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