$XRP CEO Predicts XRP’s Role in U.S. Crypto Reserves and ETF Approval
Ripple CEO Brad Garlinghouse is optimistic about XRP’s future. In a recent interview with Bloomberg (March 19), he discussed two key developments: XRP’s possible inclusion in a U.S. government crypto reserve and the chances of an XRP exchange-traded fund (ETF) getting approved.
Garlinghouse mentioned a statement by former President Donald Trump on Truth Social, where Trump talked about creating a national crypto reserve. This reserve would include major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
“My understanding is that there will be a Bitcoin Strategic Reserve and a crypto stockpile, which I expect to include XRP,” Garlinghouse said. He also explained that cryptocurrencies seized by law enforcement, including XRP, could be added to this reserve.
XRP is the native digital asset on the XRP Ledger (XRPL) blockchain, built originally for payments. XRP primarily facilitates transactions on the network and bridges currencies in the XRP Ledger's native DEX. XRP is a digital asset that’s native to the XRP Ledger—an open-source, permissionless and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds, using a network of trusted validators to verify transactions on the ledger. making it a convenient instrument in bridging two different currencies quickly and efficiently. It is freely exchanged on the open market and used in the real world for enabling cross-border payments and microtransactions. XRP can also be used to exchange different currencies and access crypto liquidity.
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