- January 8, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post XRP News: Trump Dines with Ripple CEO Garlinghouse and CLO Alderoty appeared first on Coinpedia Fintech News
The outlook for XRP remains highly bullish, with strong community support and expectations that the coin could break its all-time highs in the near future, potentially within the next few weeks. Brad Garlinghouse, the CEO of Ripple, took to social media recently to share exciting news of a dinner meeting with President-elect Donald Trump and Ripple’s Chief Legal Officer, Stuart Alderoty.
Sharing the picture on X (formerly Twitter) Garlinghouse wrote, “Great dinner last night with @realDonaldTrump & @s_alderoty Strong start to 2025!”
This meeting, just days before the incoming president takes office, marks a significant development for XRP. With Ripple’s ongoing progress and high-profile meetings, including discussions with influential leaders like Donald Trump, XRP’s future looks promising. The CEO of Coinbase, Brian Armstrong, has also met with Trump, showing that XRP is not the only crypto project making strategic connections.
Crypto Market Poised For More Growth
In a previous Fox Business interview, Garlinghouse had shared his thoughts on the positive direction of the crypto market, especially following the election. He opened up about the shift in the U.S. government’s attitude toward cryptocurrencies, saying that for years the industry has faced pressure from regulators, particularly from the SEC.
However, he believes that with the incoming president’s approach and a more open-minded Congress, the crypto market is now poised for growth. He pointed out that U.S.-based crypto assets, including XRP, have seen a significant rise due to this change, as pressure from regulatory bodies eases.
Garlinghouse also criticized the SEC’s actions, noting that Ripple has spent over $150 million fighting the SEC’s case, which he called an unlawful “war” on crypto. He expressed hope that other states, which have already sued the SEC for overreach, would join the fight against what he views as improper regulation.
