Ripple CEO Brad Garlinghouse praises the Trump administration’s crypto support, highlighting regulatory clarity, a Bitcoin reserve, and stablecoin innovation.
Ripple CEO Brad Garlinghouse has praised the Trump administration’s approach to cryptocurrency, highlighting efforts toward regulatory clarity, a Bitcoin reserve, and stablecoin innovation backed by U.S. Treasuries.
White House Signals Support for Crypto Industry
Garlinghouse reflected on key developments in the crypto space, including the first-ever White House Crypto Summit and a CFTC CEO Roundtable. He noted the administration’s push for clear regulations, contrasting it with what he called the Biden administration’s past hostility toward crypto.
There’s been a lot of talk about what this White House has and will prioritize with their crypto agenda, Garlinghouse stated on social media platform X. “Most importantly, regulatory clarity through Congressional action, a BTC reserve & crypto stockpile, support for stablecoin innovation backed by U.S. Treasuries, and more.
Ripple CEO Praises Key Figures in Crypto Policy Shift
Garlinghouse expressed gratitude toward President Donald Trump for engaging with industry leaders and acknowledged David Sacks, White House AI and Crypto Czar, and Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, for organizing the summit. He also thanked CFTC Commissioner Caroline Pham for facilitating discussions.
Calls for Industry Unity and Regulatory Framework
Garlinghouse urged the crypto community to focus on industry-wide goals rather than internal disputes between different cryptocurrencies.
We will continue to champion the need for a level playing field and for the industry to come together to move much-needed legislation forward in the U.S, he emphasized.
With the administration’s increasing involvement, the crypto industry anticipates potential regulatory reforms that could shape the future of digital assets.
Stay informed on U.S. crypto policy developments follow updates from key industry leaders and regulatory agencies.
