Okay, folks, gather ’round! Ripple CEO Brad Garlinghouse just spilled the beans to FOX Business, and it’s a doozy! 🤯 Apparently, those stuffy financial institutions (you know, banks 😴) are now cozying up to Ripple and XRP like they’re at a crypto- Bar Mitzvah! 🎉 All thanks to the US Securities and Exchange Commission (SEC) finally saying, “You know what, Ripple? You’re not so bad after all.” 🙅♂️
Ripple CEO: US Market Wakes Up from Crypto-Coma! 😂
Garlinghouse, still basking in the glory of his company’s court win, quipped, “Hey, we told the SEC they were wrong, and it only took $150 million in legal fees and a few years of our lives… but who’s counting? 🤑” Now, with the SEC off their backs, Ripple’s ready to “unlock” the US market! 🔓
Up, up, and away! 🚀 Garlinghouse revealed, “We signed more deals in the US in six weeks after Trump’s election than in the previous six months. I mean, who doesn’t love a good underdog story? 🐕”
And what sparked this crypto-frenzy? Trump’s pro-crypto executive orders, duh! 🤷♂️ “Strengthening American leadership in digital financial technology” and creating a “Strategic Bitcoin Reserve” – because, why not? 🤔 At the Digital Asset Summit, Trump himself said, “You’ll unleash economic growth, and with dollar-backed stablecoins, the US dollar will dominate… like my hair in the ’80s! 💇♂️”
Garlinghouse is thrilled (yay, understatement! 🎉) about the shift, saying, “Banks are leaning in, and it’s a big deal – not just for Ripple, but for the whole shebang! 🎊” He also gave a shoutout to lawmakers like Senator Cynthia Lummis and Congressman French Hill for working on those pesky regulatory frameworks. “It’s not just about executive orders, folks; we need some good ol’ congressional codifying! 📜”
XRP’s legal status? Validated by a federal judge, baby! 🙌 “Commodity, not security” – the opposite of what the SEC initially said (oops, SEC! 😳). With pending legislation, Ripple’s future is looking brighter than a Trump Tower elevator 🚨!
Garlinghouse sees a ginormous opportunity to modernize those ancient global payment systems (SWIFT, we’re looking at you! 👵). “It’s like upgrading from a flip phone to a smartphone – a no-brainer! 📱” Regulatory clarity will accelerate blockchain adoption, leading to more innovation, jobs, and capital formation in the US. Yay, capitalism! 🎊
At press time, XRP was trading at $2.4295. Keep calm and crypto on, folks! 😎
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2025-03-25 13:13