Ripple CEO: U.S. Crypto Regulation "Big Deal"

Ripple CEO Brad Garlinghouse has expressed excitement about the recent developments in U.S. crypto regulation, describing them as a "big deal." This sentiment follows David Sacks, the U.S. Crypto Czar, pushing for clearer rules and regulations for cryptocurrencies like Bitcoin and XRP. This move is seen as a significant step in how the U.S. will handle crypto assets in the long run.

Key lawmakers, including those from the Senate and the House of Representatives, are now backing legislation to bring clearer rules for crypto. Garlinghouse is particularly pleased with this united effort, as it shows Washington is finally taking crypto seriously and working on rules that will provide more certainty for businesses and investors.

With Garlinghouse supporting the push for clearer rules, there's growing speculation that Ripple, the company behind the XRP token, could play a significant role in the future of U.S. crypto regulations. Though there are rumors that XRP might be considered for a national reserve list, nothing has been confirmed. Still, Garlinghouse's support of the ongoing regulatory discussions keeps investors hopeful about Ripple's potential in the U.S. market.

David Sacks recently spoke about the possibility of creating a Bitcoin Strategic Reserve, following instructions from President Trump. While this initially seemed like a good step, some people were concerned when Sacks mentioned "digital assets" more than Bitcoin itself. This sparked fears that the focus might shift away from Bitcoin, which has some investors feeling uncertain about what this could mean for the market.

Sacks also talked about the importance of stablecoins, which are digital currencies tied to real-world assets like the U.S. dollar. He believes stablecoins could strengthen the dollar globally and encourage more people to use a digital dollar. This could also create more demand for U.S. government bonds, which might lower long-term interest rates.

Despite some uncertainties, Garlinghouse remains confident in the future of crypto in the U.S. He believes the push for clearer regulations is a crucial step in the right direction. As for XRP, crypto experts EGRAG Cryptopredictit could see price increases soon, possibly reaching $4–$5. While $20 might be a stretch, the outlook for XRP remains optimistic.