XRP Rises 10% As Garlinghouse Joins Trump at White House Crypto Summit

Ripple CEO Brad Garlinghouse joined President Donald Trump, SEC Chair Paul Atkins, CFTC Chair Michael Selig, Coinbase CEO Brian Armstrong and other crypto industry leaders at the White House, where the focus was on clearer crypto rules, U.S. innovation and the next steps for the CLARITY Act. The meeting came as $XRP was recovering from the $1 area, with the fresh regulatory movement helping improve sentiment around the token.

Brad Garlinghouse: “Crypto Isn’t a Fringe Industry”

Garlinghouse mentioned the growing size of the U.S. crypto market, saying 67 million Americans now hold crypto, or nearly one in four people. He said crypto has moved well beyond being a niche industry and that Washington can no longer ignore its growing user base.

He also praised Trump’s focus on digital-asset innovation, saying the administration’s commitment could create a brighter future for the industry.

For $XRP, the broader thing is that Ripple has been pushing for clearer U.S. rules for years. Greater regulatory certainty could make it easier for crypto companies and financial institutions to build and operate in the country.

Trump Puts the CLARITY Act in Focus

Trump called on Congress to pass a fair version of the legislation, arguing that it could open the door to the next wave of innovation.