Ripple CEO Brad Garlinghouse Discusses National Crypto Reserves at CfC St. Moritz

During his first appearance at CfC St. Moritz, Ripple CEO Brad Garlinghouse participated in a panel discussing the roadmap to onboarding a billion cryptocurrency users.

Ripple CEO Brad Garlinghouse has joined the discussion on the potential establishment of U.S.-backed strategic crypto reserves. Speaking at the CfC St. Moritz conference, Garlinghouse shared his thoughts on the possibility of cryptocurrencies like XRP, Solana (SOL), and USDC being included in national reserves. His comments come amid growing institutional adoption and increasing regulatory clarity in the United States.

Ripple CEO Discusses National Crypto Reserves at CfC St. Moritz

During his first appearance at CfC St. Moritz, Ripple CEO Brad Garlinghouse participated in a panel discussing the roadmap to onboarding a billion cryptocurrency users. He highlighted the increasing interest from major markets in adopting cryptocurrencies for strategic purposes.

“The path forward is becoming clearer as regulatory frameworks take shape,” said Garlinghouse, referring to the potential integration of U.S.-founded cryptocurrencies, such as Ripple’s XRP, into a government-led reserve.

My first time but certainly not my last at @cfcstmoritz – joined @_richardteng and @JKFruit on-stage to discuss the path to a billion crypto users. With the largest capital markets finally embracing crypto (and talk of crypto strategic reserves!), and I suspect rather imminent US… pic.twitter.com/MXxpaSv2VJ

— Brad Garlinghouse (@bgarlinghouse) January 16, 2025

Recently, the U.S. has been exploring the creation of a strategic crypto reserve, with reports indicating that the proposal will prioritize domestic digital assets like XRP, Solana, and USDC. Proponents of the reserves claim that they will enhance financial security while supporting innovation in blockchain technology within the United States. In related news, Senator Cynthia Lummis is inquiring about the U.S. Marshals’ plans to sell its seized Bitcoin (BTC) stash.

BlackRock, Institutions Showing Growing Interest in Crypto

Joseph Chalom, BlackRock’s Managing Director, disclosed during his appearance at CfC St. Moritz that institutional investment in cryptocurrency has surged over the last year. He revealed that BlackRock, which had no exposure to crypto a year ago, now holds $61 billion in Bitcoin, Ether, and tokenized assets on behalf of its clients.