Ripple CEO Brad Garlinghouse Believes XRP Is on Track to Be Included in the United States’ Digital Asset Stockpile

input: Ripple CEO Brad Garlinghouse believes XRP is on track to be included in the United States’ digital asset stockpile, potentially alongside Bitcoin.

Ripple CEO Brad Garlinghouse is optimistic that XRP will be included in the U.S. digital asset stockpile and expects to see an XRP ETF as early as this year.

Garlinghouse also discussed the evolving approach of the U.S. government towards cryptocurrencies. While the presidential executive order had initially excluded XRP from the administration’s digital asset stockpile, with only Bitcoin being part of their strategic reserve, Garlinghouse remains confident about XRP’s future inclusion.

He highlighted a significant shift in the administration’s perspective on the cryptocurrency industry.

“In the past, we couldn’t meet anyone at the White House. Now, we are welcomed, this change shows a broad acceptance of the crypto market,” Garlinghouse stated.

Garlinghouse provided insights into Ripple’s future, now that the SEC has decided to drop their appeal against Ripple.

Garlinghouse detailed that the company had spent close to $150 million defending itself against legal challenges.

The Trump administration has adopted a more active regulatory stance on digital assets, dropping several of the lawsuits filed against crypto exchanges such as Coinbase (NASDAQ:COIN) and Binance.

Garlinghouse sees this shift as potentially creating a more favorable environment for industry participants like Ripple, which has been actively engaging with lawmakers and regulators.

Garlinghouse also pointed out the rise in XRP interest among investors/traders. He credited this to the diminishing pressure from the SEC, which had previously been a significant headwind for the crypto market.