Ripple CEO Brad Garlinghouse Rejects Bitcoin-Focused US Reserve, Supports Multi-Coin Stash

Ripple CEO Bradley Garlinghouse has reiterated his backing for the creation of a diversified US strategic crypto reserve under the Donald Trump administration instead of one focused solely on Bitcoin (BTC).

Ripple CEO Bradley Garlinghouse has voiced his support for the creation of a diversified U.S. strategic crypto reserve, arguing that it should include multiple tokens and not just Bitcoin (BTC) or XRP.

In a post on X, Garlinghouse shared his thoughts on the matter, highlighting his ownership of XRP, BTC, and ETH, among a handful of other digital assets. He went on to emphasize the importance of a level-playing field in the crypto space.

“I own XRP, BTC, and ETH, among a handful of others — we live in a multichain world, and I’ve advocated for a level-playing field instead of one token versus another. If a govt digital asset reserve is created — I believe it should be representative of the industry, not just one token (whether it be BTC, XRP, or anything else),” the Ripple boss wrote.

Recently, President Donald Trump signed his first crypto executive order, which proposes the creation of a strategic national digital assets stockpile. This move was part of Trump's campaign promises, and many anticipate the potential reserve to include Bitcoin.

However, Garlinghouse expressed his opposition to the maximalism that suggests no coin except Bitcoin should be included in the U.S. government's balance sheet. He highlighted the need for collaboration in the industry.

“Maximalism remains the enemy of crypto progress, and I’m very glad to see fewer and fewer folks ascribe to this outdated and misinformed thinking,” Garlinghouse added.

Tensions Rise Over Strategic Asset Reserves

The friction between XRP supporters and Bitcoin maximalists escalated when crypto industry figures slammed Ripple's active push for a multi-coin national digital assets stockpile.

As reported earlier by ZyCrypto, Pierre Rochard, Vice President of Research at Riot Platforms, accused Ripple of being the “biggest obstacle” to a U.S. Strategic Bitcoin Reserve due to its support for the inclusion of multiple coins, such as XRP.

On the other hand, lawmakers in Washington and at the state level are preparing for what they term a “strategic Bitcoin reserve.” There are at least a dozen BTC reserve-related bills in various stages in states like Massachusetts, Pennsylvania, Kansas, New Hampshire, Wyoming, Ohio, North Dakota, South Dakota, and Texas.

The success of these bills could attract institutional investors who have been hesitant to participate. It could also lead to a rapid price increase in BTC.