News View Non-AMP

Ripple News Today: Garlinghouse Confirms End of SEC Case, Eyes XRP Growth

Published by
Nidhi Kolhapur

Ripple CEO Brad Garlinghouse recently shared new details about the end of the company’s long legal fight with the SEC, now that a new Chair has officially taken over the agency. Speaking to Fox Business, he discussed a shift in how the US government views crypto—and pointed out one important area that still needs clearer regulation.

Garlinghouse talked about the resolution of Ripple’s case with the SEC and how it could shape the future of crypto rules in the country. He noted that the government’s attitude towards digital assets has started to change, creating new opportunities for the industry moving forward.

Ripple’s $2B Deal: A Sign of Changing Times

Another big topic in the interview was Ripple’s recent $2 billion acquisition of Hidden Road—one of the largest deals in crypto history. Garlinghouse said such a move wouldn’t have made sense a year ago, when regulators were openly hostile to the crypto industry. Now, with things shifting, Ripple feels confident moving into a new phase after the long battle with the SEC.

Ripple had set aside $125 million for a potential fine from the SEC. But now that the situation has changed, the company is reclaiming most of that money, along with the interest it earned. The SEC has agreed to drop its appeal and remove the permanent injunction against Ripple—clearing the way for a full resolution.

Paying in XRP? A Bold Move with Big Implications

Although the legal fight is ending, Ripple still has to pay $50 million each to the SEC and the US government. Interestingly, the company is in talks to make those payments in XRP instead of U.S. dollars. This sparked a wave of speculation: could XRP now be added to the US Digital Assets Stockpile?

Will US Hold XRP In Its Digital Asset Stockpile?

Under a program launched during President Trump’s current term, the US is building a national crypto reserve, which already holds $16 billion worth of assets like Bitcoin, Ether, USDT, and BNB. So far, there’s no XRP in the mix. The government only accepts crypto from civil or criminal forfeitures—so if Ripple pays its fine in XRP, that could qualify the asset for inclusion.

At XRP’s current price of $2.03, the $50 million fine would equal about 24.63 million XRP tokens. However, this proposal still needs approval from the SEC’s commissioners, who are expected to vote on it in a closed-door meeting. Whether the payment will be accepted in XRP—and how that might affect the wider crypto market—is still uncertain.

If XRP ends up in the government’s crypto vault, it’ll be a twist no one saw coming—least of all the SEC.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

TRON DAO X Account Compromised in Social Engineering Attack

On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised…

May 3, 2025

Coinpedia Digest: This Week’s Crypto News Highlights | 3 May, 2025

It’s been a week of jaw-dropping headlines in crypto - it’s true when they say…

May 3, 2025

Vitalik Buterin Plans to Streamline Ethereum for a Safer Future

Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled…

May 3, 2025

TURBO Price Prediction 2025, 2026-2030: Will TURBO Cross $0.10?

Story Highlights The live price of the TURBO token is . TURBO price could claim…

May 3, 2025

Why XRP’s Price Isn’t Reflecting Its True Utility Yet?

XRP is one of the most utility-driven assets in the crypto space. It powers billions…

May 3, 2025

Bitcoin Solaris vs Bitcoin: Mobile Mining App Eliminates Need for Expensive Hardware

For over a decade, Bitcoin has stood as the symbol of decentralized finance. But beneath…

May 3, 2025