Ripple CEO: “Trump’s Election Creates $800 Billion Business Opportunity for the U.S. Crypto Industry”

In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse praised the potential impact of Trump on the cryptocurrency industry. Specifically, he argued that US-based assets like XRP have surged since the election, and that a friendly regulatory future holds tremendous potential for investors. Garlinghouse also revealed that the US cryptocurrency industry has created $800 billion in value appreciation and business opportunities. "The crypto war led by Gary Gensler is now over" Ripple CEO Brad Garlinghouse discussed the opportunities for the cryptocurrency industry during Trump's second term in a recent interview with Fox Business. While Garlinghouse did not directly confirm whether he had met with Trump since the election, he was very positive about the planned pro-crypto regulatory push. "Look at how much has changed in 10 days! There has been an assault on the crypto industry in the US for years. It was a war. The crypto industry has embraced Trump, and Trump has embraced the crypto industry... He seems very genuine. The future looks bright," Garlinghouse claimed. Fox anchor Liz Claman referenced the recent price surge of XRP, and Garlinghouse used this as a springboard to note that "the best-performing crypto assets since the election are all US companies or US technology." This could include Bitcoin, as many believe Satoshi Nakamoto to be American. However, there are some clearer examples Garlinghouse discussed. Anticipating regulatory changes, Robinhood has listed several US-based assets like Ripple and Cardano, all of which have seen significant gains. Solana also falls into this category, as Solana Labs was founded in San Francisco. The fit for Ethereum is less clear. Garlinghouse gave a clear assessment of these positive developments. The US market is anticipating a more friendly regulatory environment. He welcomed the recent lawsuits by 18 states against the SEC, using the phrase "welcome to the party," and expressed anticipation for Gary Gensler's impending retirement. These developments could transform the entire industry. In conclusion, Garlinghouse made a clear and positive case for cryptocurrencies under Trump, providing important platforms and easily understandable data. He argued that the US cryptocurrency industry has created $800 billion in value appreciation and business opportunities, as the "crypto war" led by Gary Gensler comes to an end. "America is finally releasing this hostility. It's surprising it didn't happen sooner, but I'm glad it's happening now," Garlinghouse concluded.