Ripple just pulled off a stunner. On March 24, CEO Brad Garlinghouse went on “Mornings with Maria” to dish on the SEC dropping its case. It all kicked off in 2020 when the SEC called XRP an unregistered security. Ripple fought tooth and nail. They burned through $150 million in legal costs.
A Long Road to Victory
A 2023 ruling said XRP isn’t a security. Now, with the SEC out of the way, Ripple’s set to take off in the U.S. Garlinghouse kept it real. He said, “We can finally unlock the U.S. market—it’s been a battle with all the headwinds.” He didn’t let the SEC off easy either, noting they’ve been “wrong legally and historically.”
Markets Cheer and Japan Steps Up
The market’s loving it. Crypto futures jumped 3.03% during the interview. XRP’s price is ticking up too. Investors are buzzing. Japan’s getting in on the action—by 2025, their banks will tap XRP for cross-border payments. It’s quicker and cheaper than old-school SWIFT.
Garlinghouse told Maria, “Places like Japan are opening up. Trillions move across borders—massive potential.” Ripple’s already tight with players like HSBC and BBVA abroad. Now they’re eyeing the U.S.
Washington’s Crypto Glow-Up
Trump’s crew is giving crypto a big thumbs-up. He’s signed orders for a Bitcoin reserve and to make the U.S. the crypto superpower. Garlinghouse is hyped.
He said, “U.S. banks are ready to dive in now.” Lawmakers like Cynthia Lummis and French Hill are drawing up clear rules too. They’re nailing down what’s a commodity or security.
Garlinghouse says that’s the ticket. He’s got his fingers crossed for a stablecoin bill in six months. Ripple’s win proves the U.S. is coming around to crypto—and they’re geared up to lead.
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