Ripple CEO Praises Trump for Boosting Crypto

Ripple CEO Brad Garlinghouse has expressed optimism about the future of the cryptocurrency industry, crediting recent political developments in the United States for creating opportunities. In an interview, he highlighted how pro-business policies could transform the market, particularly under a second Trump presidency.

Garlinghouse stated that U.S. crypto assets, including Ripple’s XRP, have seen significant growth since the election, attributing this to improved investor confidence and potential regulatory changes. He claimed that the industry has unlocked vast value in recent weeks, pointing to surges in several U.S.-based crypto technologies as evidence. He argued that a friendlier regulatory environment could lead to even greater gains.

He emphasized that many American crypto assets have performed exceptionally well, highlighting recent moves by platforms like Robinhood to list U.S.-based cryptocurrencies such as Ripple and Cardano. These listings, along with the success of other projects like Solana, underscore the potential for domestic innovation in crypto. Garlinghouse noted that U.S. markets are preparing for major changes, fueled by expectations of more supportive policies.

During the interview, he welcomed legal challenges to the Securities and Exchange Commission (SEC), particularly a recent lawsuit involving 18 states, and commented on the potential retirement of SEC Chair Gary Gensler. Garlinghouse described this as an opportunity for the industry to move past what he referred to as a “war on crypto.”

Looking forward, Garlinghouse predicts a transformative period for the sector, driven by reduced regulatory hostility and pro-crypto leadership. He believes these changes could unlock further innovation and value, cementing the U.S. as a global leader in the crypto industry.

In his closing remarks, Garlinghouse expressed surprise that these changes hadn’t occurred sooner but acknowledged their importance in driving the industry forward. He remains bullish on the potential for a regulatory shift to support growth and innovation.