The Ripple Effect: A New Era for Crypto in the USA
Story Highlights
- Ripple plans U.S. expansion after SEC drops legal appeal.
- Garlinghouse calls SWIFT outdated, says Ripple offers faster payments.
- XRP ETF approval chances rise to 83%, price targets set at $3.40.
Ripple, the crypto company that’s been through the wringer, is finally ready to take on the good ol’ USA. After years of legal battles with the SEC, the company is now free to expand its operations in the country. CEO Brad Garlinghouse is thrilled, and for good reason – he’s been saying that SWIFT, the global payment network, is slow and outdated for years.
Garlinghouse Says SWIFT Is Slow, Ripple Is the Future
During a recent interview on Fox Business, Garlinghouse was his usual optimistic self, touting the benefits of Ripple’s technology. “We’re not just talking about faster payments,” he said. “We’re talking about a whole new way of doing business.” And with the SEC’s appeal dropped, Ripple is finally free to show the world what it’s capable of.
But it’s not all sunshine and rainbows. The company has been through a lot, and the legal battles have taken a toll. Garlinghouse estimates that Ripple has spent over $150 million on legal fees alone. But he’s not complaining – he’s just glad to have the opportunity to move forward.
XRP ETF Has 83% Chance of Approval by 2025
So what’s next for Ripple? Well, for one thing, the company is expecting a big boost in the form of an XRP exchange-traded fund (ETF). According to Polymarket data, the chances of an XRP ETF approval are now at a whopping 83%. And if that happens, XRP’s price could reach as high as $3.40.
Ripple’s got a lot to be excited about, and it’s not just the XRP ETF. The company’s technology has the potential to revolutionize the way we do business, and Garlinghouse is confident that it will happen. “We’re not just talking about crypto,” he said. “We’re talking about a whole new way of doing business.”
And with the SEC’s appeal dropped, Ripple is finally free to show the world what it’s capable of. So buckle up, folks – it’s going to be a wild ride.
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2025-03-25 19:19