Ripple CEO Meets Donald Trump: A Major Announcement Looming for XRP?
Post Ripple CEO Meets Donald Trump: Big XRP Announcement Coming? first appeared in Coinpedia FinTech News
Ripple CEO Brad Garlinghouse has confirmed a major meeting with former US President Donald Trump at Trump’s Mar-a-Lago resort. The dinner, attended by Ripple chief legal officer Stuart Alderoty, highlighted Ripple’s growing influence in the changing regulatory environment in the United States, sparking optimism for the crypto market in 2025.
Ripple plans to regain lost ground through an IPO and stablecoin in 2025. This closed-door meeting may be far more than we imagine. Are we looking forward to an XRP ETF too?
Ripple’s dinner date with Trump, what to cook?
Garlinghouse shared his excitement for the conference on social media platform X, calling it “a great start to 2025.” Aldrotti also commented on the menu in a light-hearted way, but the dinner had a big meaning. Meanwhile, Ripple celebrated its recent victory in a U.S. SEC court case, solidifying its position as a leader in the cryptocurrency space.
The meeting, which hinted that Ripple could survive its legal battle with the SEC, was important as both Ripple and the wider industry signaled that the dismissal of Ripple’s lawsuit with the SEC would set a cryptocurrency milestone.
Ripple is not losing ground
Ripple continues to shape its future in a groundbreaking legal victory against the SEC accusing the company of selling unregistered securities through XRP. Attorney John E. Deaton, a pro-XRP advocate, noted that Ripple’s transparency throughout the case highlights the SEC’s aggressive litigation strategy. Despite these challenges, Ripple has emerged stronger, opening the door for further growth in the cryptocurrency space.
Amid this legal development, analysts are optimistic about XRP’s potential. Some forecasts predict that the coin could surge to $3 due to increased adoption and confidence in Ripple’s solutions. XRP is currently trading at $2.44, up 14% from the past week, indicating strong market momentum.
Expand U.S. business
Ripple has also shifted its focus back to the U.S. market, with 75% of new positions currently located in the United States. The company ended 2024 with more U.S. business contracts secured than in the previous six months combined, signaling strong growth. Meanwhile, political discussions, including between Senator Cynthia Lummis and SEC Chairman candidate Paul Atkins, have highlighted the importance of regulatory reform to promote digital asset innovation sex.
Ripple is currently maintaining its market position by launching new products such as the RLUSD stablecoin, which will expand across multiple platforms. The company has also partnered with Chainlink to integrate security pricing into the DeFi ecosystem, further boosting its valuation.
As Ripple heads into 2025, this epic meeting with Trump is emblematic of a transformative year ahead for both the company and the broader cryptocurrency space. With legal wins, product innovation, and strategic partnerships, Ripple is poised to lead the blockchain industry.
