Ripple CEO Brad Garlinghouse has outlined an optimistic vision for the company’s future amidst shifting regulatory tides under the new Trump administration.
As XRP enjoys bullish momentum, trading at $2.44 with a 20% weekly gain, Garlinghouse described Ripple’s earlier $11 billion valuation as outdated, emphasizing that the company’s XRP holdings now exceed $100 billion in value.
Garlinghouse highlighted Ripple USD, the company’s stablecoin, as a critical addition to the XRP ecosystem. Designed to enhance liquidity on the XRP Ledger, the stablecoin aims to reduce transaction friction and strengthen Ripple’s position in global payment systems. He pointed to Ripple’s institutional expertise as a cornerstone for building trust in this new offering.
Looking ahead, legal analyst John Deaton predicts Ripple could go public by late 2025 or early 2026, contingent on the resolution of its SEC legal battle. Deaton suggests the case may conclude with a fine, particularly if new leadership at the SEC takes a more pragmatic approach to regulation. Garlinghouse previously noted Ripple delayed its IPO due to the challenging regulatory environment under the former SEC administration.
Ripple’s legal challenges have pushed the company to prioritize international markets, with 95% of its clients now located outside the U.S. However, Garlinghouse expressed optimism about more favorable crypto regulations in 2025, potentially shifting oversight to the Commodity Futures Trading Commission (CFTC). This shift, he believes, would clarify how digital assets are treated under securities law and create new growth opportunities for Ripple within the U.S.
The latest WuBlockchain Weekly report captures a high-volatility week in crypto. From Bitcoin’s new all-time high to controversy around Pump.fun’s presale and Elon Musk’s political Bitcoin endorsement, markets are witnessing sharp shifts in momentum and policy.
U.S. financial circles are bracing for a potential shake-up as reports suggest Federal Reserve Chair Jerome Powell is considering stepping down.
Gold advocate Peter Schiff issued a stark warning on monetary policy and sparked fresh debate about Bitcoin’s perceived scarcity. In a pair of high-profile posts on July 12, Schiff criticized the current Fed rate stance and challenged the logic behind Bitcoin’s 21 million supply cap.
Changpeng Zhao, the former CEO of Binance, reportedly supported crypto projects linked to the Trump family while privately seeking a presidential pardon, according to a July 11 report by Bloomberg News.