Ripple CEO Confirms Meeting with President-elect Trump, Sparks XRP Excitement
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Ripple's Influence on U.S. Crypto Policy
The meeting has prompted discussions on Ripple’s role in a possible crypto-friendly administration, with industry observers anticipating Ripple’s potential involvement in developing U.S. crypto regulations. Ripple’s influence could be particularly impactful given Trump’s openness toward the sector, fostering hopes that XRP may see substantial support in an increasingly favorable regulatory environment.
Reactions from the Crypto Community
The confirmation has fueled discussions and responses on social media, with many speculating that Garlinghouse could join a future crypto advisory committee. One XRP community member noted, “I think Garlinghouse will be on the Crypto Committee with several other industry leaders…” suggesting Garlinghouse may play a pivotal role in shaping crypto policy alongside top figures.
Notably, Cardano’s founder Charles Hoskinson has faced criticism from the XRP community, despite his recent apology and attempts to mend relations with Ripple. Some in the community have questioned his motives, with one commenter suggesting, “Some people meet #Trump, and others talk about the meeting,” implying Hoskinson’s limited influence compared to Ripple’s.
Prospects for XRP Growth
The XRP community remains optimistic about potential price surges, with some members suggesting that a strategic partnership with the U.S. government could propel XRP to new heights, with targets as high as $7 to $10. The meeting has strengthened hope within the community that Ripple’s influence in Washington could drive growth not only for XRP but for the entire crypto sector.