Tuesday, November 12, 2024
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Ripple CEO Confirms Meeting With Donald Trump

Zach Rector, a crypto proponent on X, has generated buzz in the cryptocurrency community after his post about Ripple’s meeting with President-elect Donald Trump was liked by Ripple CEO Brad Garlinghouse. This seems to confirm that the meeting took place.

Garlinghouse’s confirmation excited the community, with many speculating on Ripple’s potential political strategies and the broader implications for the XRP community.

This confirmation has fueled ongoing conversations about Ripple’s involvement in shaping cryptocurrency policy in the United States. Notably, Rector stated that Charles Hoskinson, the founder of Cardano, has commented on matters surrounding Ripple.

Hoskinson has had many issues with the XRP community over the years, but recently apologized to the community, aiming to rebuild bridges and potentially participate in RLUSD, Ripple’s upcoming stablecoin.

The confirmation of Ripple’s meeting with Trump has further polarized reactions, with some community members questioning Hoskinson’s motives and intentions.

Community Responses

One response to Rector’s post resonated widely: “I think Garlinghouse will be on the Crypto Committee with several other industry leaders and Chuckie knows that… so he wants to make amends with Ripple and the XRP community.”

Ripple has significant influence in the crypto space, and this could extend into government with a pro-crypto candidate like Donald Trump in the White House. This recent meeting could be the first step in a long and fruitful partnership for the crypto world with Ripple at the helm.

The commenter also suggests that Hoskinson might seek to align himself with Ripple in anticipation of the company’s potential political influence or participation in a formal cryptocurrency policy committee.

Another user commented, “Some people meet #Trump and others talk about the meeting,” a subtle dig at Hoskinson’s prior comments and apparent absence from such high-profile discussions.

This sentiment was echoed by another commenter who described Hoskinson’s action as “cringeworthy” and “embarrassing,” further emphasizing the tension between the Cardano and Ripple communities.

It seems many in the XRP community have not accepted Hoskinson’s apology. However, some speculate XRP’s potential growth if Ripple partners with the U.S. Government. One user stated that this partnership could send XRP up to $7 or $10.

There is significant excitement in the XRP community and many predictions of how high the digital asset can climb with Trump in charge. This meeting has reinforced the hope of the community and shows that work is being done to grow the XRP ecosystem and the broader crypto market.

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.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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