Ripple CEO Brad Garlinghouse is reportedly planning to meet U.S. President Donald Trump soon. The topic of discussion is expected to be XRP, according to social media posts. Furthermore, people are even predicting that the price of XRP will surge after they meet. However, is the actual meeting scheduled or just an internet hoax?
Will the CEO of Ripple meet Trump?
According to a post on X by TheXRPGuy, Garlinghouse is set to meet Trump. The tweet garnered over 370,000 views and sparked some speculation around the topics to be discussed and the potential impact on XRP.
Yes, the meeting has not yet been verified by official sources. However, this speculation cannot be completely ruled out, considering that Garlinghouse and Trump met earlier this year. Therefore, if they meet, they could discuss some revolutionary policies for both XRP and the cryptocurrency market in general.
Additionally, netizens expect Ripple's XRP price to explode if they meet and the frenzy spreads to the market. This speculation arises from XRP's previous performance when the token soared to a high of $3.13 on January 31, following the meeting between Trump and Garlinghouse. On January 27, Ripple CEO Brad Garlinghouse encouraged including XRP in the proposed U.S. strategic cryptocurrency reserves.
During that time, Garlinghouse engaged in conversations with Trump, advocating for XRP's role as a cryptocurrency reserve. Garlinghouse shared his views in debates about whether government reserves should be limited to Bitcoin or include various other tokens. He opposed the narrow approach, stating that "the cryptocurrency industry has a real opportunity, right here and right now, to achieve many common goals we have, if we work together instead of undermining each other."
The CEO of Ripple also emphasized that the nature of digital assets should not be seen as mutually exclusive. "This is not, and will never be, a zero-sum game," he asserted at the time. Garlinghouse also called for cooperation within the fragmented cryptocurrency ecosystem.
He also pointed out what he sees as a change in Trump's stance on digital currency. Following the previous disagreement between former President Joe Biden and cryptocurrency supporters, Garlinghouse noted that Trump has recognized the role of blockchain in driving innovation and entrepreneurship growth.