- Ripple CEO Brad Garlinghouse says the company’s $11 billion valuation no longer reflects its true worth, citing XRP holdings exceeding $100 billion.
- Garlinghouse predicts new crypto-friendly laws in 2025, with the CFTC likely taking over crypto oversight from the SEC.
- Ripple USD, the company’s new stablecoin, aims to improve XRP Ledger liquidity and reduce global transaction friction.
- Ongoing legal battles with the SEC continue to shape Ripple’s U.S. strategy, with Garlinghouse optimistic about a brighter regulatory future.
Ripple’s CEO, Brad Garlinghouse, isn’t holding back. Speaking out during an interview, Garlinghouse called the company’s $11 billion valuation outdated, arguing that Ripple’s XRP holdings alone are worth over $100 billion.
“Frankly, the $11 billion figure doesn’t even come close to reflecting where Ripple is today,” Garlinghouse said. His comments come as XRP continues to surge, trading at $2.44, up 20% in just the past week.
Ripple’s Big Plans: Enter Ripple USD
During the interview, Garlinghouse introduced Ripple USD, a stablecoin designed to boost liquidity on the XRP Ledger. “This is more than just another stablecoin,” he explained. “Ripple USD is about making transactions smoother, faster, and reducing the headaches users face globally.”
Garlinghouse emphasized that Ripple’s history of working with institutions makes it uniquely positioned to deliver a trusted stablecoin. “We’ve spent years building relationships and fine-tuning payment flows. Ripple USD is the next logical step to enhance the XRP ecosystem,” he added.
Legal Battles and a Changing Landscape
Garlinghouse didn’t shy away from discussing Ripple’s legal battle with the SEC, which he said had forced the company to focus almost entirely on international markets.
“Today, 95% of our customers are outside the U.S.,” he revealed. “We’ve had to pivot because the SEC’s enforcement-first approach isn’t constructive—it’s just plain abusive.”
The CEO expressed hope that new crypto-friendly regulations under the Trump administration would bring much-needed clarity. He’s optimistic that 2025 will mark a turning point, with regulatory oversight potentially shifting from the SEC to the CFTC, a move Garlinghouse believes will foster growth in the industry.
A Path to Ripple’s Future?
Garlinghouse’s optimism extends to Ripple’s future in the U.S. With Trump now in office, Ripple has already seen a surge in business opportunities on home soil. “There’s real momentum building for us here in the U.S. again,” he noted.
Crypto lawyer John Deaton echoed this sentiment, predicting Ripple will go public within the next two years, provided the SEC lawsuit wraps up soon. “If Paul Atkins steps in as SEC Chair, we’ll likely see a settlement, a fine, and the case closed,” Deaton shared on X (formerly Twitter).