The XRP community is celebrating a major milestone after Ripple CEO Brad Garlinghouse confirmed he will testify before the U.S. Senate Banking Committee this Wednesday. In a post shared on X, Garlinghouse described the invitation as an honor and emphasized the importance of passing comprehensive crypto market structure legislation to ensure innovation, consumer protection, and financial progress in the United States.
Garlinghouse’s Senate Testimony: A Defining Moment
Garlinghouse’s participation in the hearing marks a pivotal step in Ripple’s long-running campaign for regulatory clarity. The testimony comes amid increasing calls for Congress to establish a clear and consistent framework for digital assets, a framework that balances innovation with investor safeguards.
Garlinghouse thanked key lawmakers, including Senate Banking GOP Chairman Tim Scott, Senator Cynthia Lummis, and Representative Ruben Gallego, who chair the Subcommittee on Digital Assets. “Your leadership, both with this hearing and over the years in championing the crypto industry, has been critical to getting us to this important moment,” he wrote.
I am honored to be invited to testify in front of the Senate Banking Committee this Wednesday on the need for passing crypto market structure legislation. Thank you to @BankingGOP Chairman @SenatorTimScott, @SenLummis and @SenRubenGallego (as leaders of the Subcommittee for…
— Brad Garlinghouse (@bgarlinghouse) July 7, 2025
Crypto Legislation Gains Momentum
The hearing coincides with renewed legislative momentum in Washington. In May, the House passed the Financial Innovation and Technology for the 21st Century Act (FIT21), a bipartisan bill designed to define the regulatory roles of the SEC and CFTC and establish clear rules for token classification and exchange oversight.
Garlinghouse’s testimony is expected to bring industry insights directly to lawmakers as the Senate considers its version of the bill. His appearance signals growing recognition of Ripple’s leadership in the blockchain space, particularly as the company continues to expand globally despite regulatory ambiguity in the U.S.
Ripple’s Ongoing Legal Journey
Ripple remains locked in a protracted legal battle with the SEC, which filed a lawsuit in December 2020 alleging XRP was sold as an unregistered security. While Judge Analisa Torres ruled in July 2023 that XRP is not a security in secondary market transactions, the case remains open due to unresolved appeals.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Despite this, Ripple has steadily built partnerships and launched new products, including the RLUSD stablecoin, and is helping shape the future of cross-border payments. Garlinghouse’s presence at the Senate hearing is a reminder of Ripple’s enduring influence, even in the face of regulatory uncertainty.
XRP Army Reacts with Enthusiasm
The XRP Army, a loyal and vocal community of XRP holders and advocates, reacted swiftly and enthusiastically. Influencer James Rule XRP exclaimed, “Lock in!!!” Oscar Ramos declared, “We’ll be watching, XRP Boss,” while Cowboy.Crypto urged Garlinghouse to “push for no cap gains on crypto for Americans,” arguing that only then can the U.S. lead the global digital economy. Levi Terry added, “Congratulations, Brad, I’m pumped.”
Their support reflects not just admiration for Garlinghouse but hope that this testimony could finally push the U.S. closer to a rational and fair digital asset framework.
A Watershed Moment for U.S. Crypto Policy
Garlinghouse’s confirmation underscores how far the crypto industry has come—from regulatory isolation to the halls of Congress. With bipartisan interest growing and leading voices like Garlinghouse now central to the conversation, the XRP Army believes this hearing could be a turning point, not just for Ripple, but for the entire crypto ecosystem in the United States.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
