XRP Secures Spot in Trump's Crypto Reserve—Ripple CEO Says
Ripple CEO sees Trump’s “Crypto Strategic Reserve” as a game-changer for XRP, signaling a new era of legitimacy and growth while slamming past SEC obstruction.
XRP Secures Spot in Trump's Crypto Reserve—Ripple CEO Says Multichain Future Is Here
XRP Included in Trump’s Crypto Reserve—Ripple CEO Sees a Major Breakthrough
Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald Trump’s announcement of a “Crypto Strategic Reserve,” which includes XRP along with bitcoin and other top cryptocurrencies.
Responding to White House Crypto Czar David Sacks, who praised Trump’s move as part of his commitment to making the U.S. the “Crypto Capital of the World,” Garlinghouse emphasized the need for industry collaboration. “I’ve said this before — the crypto industry will achieve our goals (and beyond), if we work together. Appreciate the crypto President Trump’s vision of a govt digital asset reserve representative of the industry,” he opined. The Ripple CEO added:
Maximalism is the enemy of the industry’s progress. Glad to see POTUS recognizing we live in a multichain world and that we’re finally moving past Bill Hinman and the Biden administration’s SEC very broken thinking.
On March 2, Trump announced a U.S. strategic cryptocurrency reserve, including bitcoin (BTC), ethereum (ETH), XRP, solana (SOL), and cardano (ADA), aiming to boost America’s crypto leadership.
Garlinghouse frequently criticized former U.S. Securities and Exchange Commission (SEC) Corporation Finance Director Bill Hinman’s 2018 speech, which classified ETH as not a security, citing regulatory inconsistencies, particularly during Ripple’s lawsuit. He also criticized the SEC under Gary Gensler for aggressive enforcement against crypto firms like Coinbase and Binance, arguing that such actions hinder innovation and create uncertainty. His comments reflect frustration over unclear regulations and call for a more balanced, multichain-friendly approach.
Looking ahead, Garlinghouse signaled his commitment to advocating for the industry in Washington, stating:
I will certainly continue to champion this while in Washington at the end of this week.
The Ripple executive is expected to attend the inaugural White House Crypto Summit on March 7, hosted by President Donald Trump. This summit aims to bring together prominent crypto founders, CEOs, and investors to discuss the future of cryptocurrency regulation and innovation in the United States. His engagement aligns with growing calls for clearer regulatory frameworks and government support for digital assets beyond just bitcoin.
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