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TimesTabloid 2025-01-30 06:21:12

Ripple CEO Confirms Direct Discussion With Donald Trump about XRP

Ripple CEO Brad Garlinghouse recently revealed direct discussions with U.S. President Donald Trump regarding the potential inclusion of XRP in a national digital asset reserve. Garlinghouse shared this during the XRP Community Day event on X Space, where numerous XRP enthusiasts were present. These comments have sparked significant interest within the cryptocurrency community. Garlinghouse noted that his conversations with Trump revolved around a national reserve comprising multiple digital assets, including XRP. A prominent community member shared a snippet of Garlinghouse’s comments where the CEO revealed that Trump understands the value of cryptocurrencies and wants to undo some of the harm done by the previous administration. BRAD GARLINGHOUSE ON $XRP BEING A US STRATEGIC RESERVE ASSET "I HAVE SPOKEN DIRECTLY WITH THE PRESIDENT ON SOME OF THESE THINGS AND IT IS VERY CLEAR TO ME THAT THE PRESIDENT UNDERSTANDS THE TECHNOLOGY – HE WANTS TO BE THE CRYPTO PRESIDENT OF THE UNITED STATES "… https://t.co/Q8WMZa7lwg pic.twitter.com/k8M8kPltYM — XRP DROPZ (@DROPZXRP) January 28, 2025 Clarifying Misconceptions About Bitcoin and XRP During the event, Garlinghouse addressed claims that Ripple is pushing for XRP to replace Bitcoin in such initiatives. He rejected allegations suggesting he urged policymakers to prioritize XRP over Bitcoin for the reserve. Instead, he emphasized advocating for a diversified reserve that includes various digital assets rather than focusing on one. The ongoing debate between Bitcoin supporters and Ripple advocates has been fueled by Bitcoin maximalists accusing Ripple of lobbying against Bitcoin. Garlinghouse has refuted these claims as he recently revealed that he also holds multiple digital assets including Bitcoin and Ethereum. The CEO responded by urging collaboration across the cryptocurrency community to avoid unnecessary division. Garlinghouse has consistently promoted the concept of a diversified digital asset reserve. He reiterated his belief that a multi-asset approach could provide substantial opportunities for cryptocurrencies like Bitcoin and XRP to thrive. Such diversification ensures the crypto industry remains inclusive and benefits multiple projects, fostering greater growth and innovation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Trump Administration’s Potential Influence on Crypto Garlinghouse highlighted the potential implications of Trump’s presidency on the cryptocurrency sector. He noted that a Trump administration could introduce significant regulatory measures favorable to the industry, including the establishment of a national digital asset reserve. Earlier reports emerged that Trump had signed an executive order forming a working group for digital assets. This initiative, chaired by White House AI & Crypto Czar David Sacks, includes representatives from key federal agencies such as the SEC and CFTC. The group’s mandate is to assess the risks and opportunities of a digital asset reserve while creating a comprehensive regulatory framework for the industry. Garlinghouse and Ripple’s Chief Legal Officer Stuart Alderoty had dinner with Trump in early 2025—an event that reportedly occurred after Ripple’s $5 million contribution to Trump’s inauguration. Trump has shown commitment to the crypto space, and Garlinghouse’s comments suggest he has more in store for the crypto market. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CEO Confirms Direct Discussion With Donald Trump about XRP appeared first on Times Tabloid .

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