Key Takeaways
Ripple CEO Brad Garlinghouse sees a shifting environment for cryptocurrency in the U.S. and expresses optimism about the administration’s growing support for the industry.
During a talk on X with other Ripple executives, Garlinghouse also advocates for a diversified U.S. crypto reserve rather than relying solely on Bitcoin, emphasizing collaboration over competition.
Ripple CEO Brad Garlinghouse is optimistic about the U.S. administration’s crypto stance. He believes the President aims to be a “crypto president” and recognizes the value of emerging technologies.
He highlighted the administration’s reversal of policies like SAB 121, which restricted banks’ crypto involvement.
Garlinghouse also advocates for a diversified U.S. crypto reserve rather than relying solely on Bitcoin, citing Bhutan’s model as an example.
If the U.S. pursues a crypto reserve, he believes diversification is key to securing political and industry backing.
Garlinghouse also shares some thoughts on maximalism.
“The crypto industry has a real opportunity to achieve shared goals, but only if we work together rather than undermining each other. This is not, and never will be, a zero-sum game,” Ripple CEO said.
He also admitted holding XRP, BTC, and ETH, among others, “because we live in a multichain world.”
Rather than favoring one token over another, he’s always advocated for a fair and competitive environment.
“If a government digital asset reserve is created, it should reflect the broader industry, not just a single asset. Maximalism hinders crypto progress, and I’m encouraged to see more people moving beyond this outdated mindset.”
Ripple CEO also stressed the U.S. administration’s commitment to supporting American tech companies and calls for unity in the crypto industry, urging collaboration over division.
As discussions persist over which digital assets should be recognized as reserve currencies, Garlinghouse underscores the urgent need for unity in the crypto industry.
His advocacy for a diversified, multichain future reflects a vision where cryptocurrencies collaborate rather than compete in a zero-sum game.