Ripple CEO Brad Garlinghouse recently advocated for integrating XRP into the United States’ strategic reserves during a fintech policy discussion in Washington D.C., arguing that digital assets like XRP could enhance monetary flexibility and align with global trends in currency diversification. Garlinghouse emphasized that modernizing reserve assets with blockchain-based solutions would position the U.S. to better compete with countries exploring central bank digital currencies (CBDCs) while maintaining the dollar’s dominance. This proposal follows Ripple’s ongoing discussions with federal agencies about developing a regulatory framework for crypto assets in institutional financial systems.
Garlinghouse also confirmed that Ripple continues to consider launching an initial public offering (IPO), noting that market conditions and regulatory clarity will dictate timing. While the company resolved its protracted legal battle with the SEC in 2023, uncertainties around crypto classification linger. Analysts speculate that a successful IPO could value Ripple at over $15 billion, given its revenue streams from cross-border payment solutions and central bank partnerships.
The U.S. Treasury currently holds $650 billion in foreign currency reserves, predominantly euros and yen. XRP’s inclusion would require regulatory approval and structural adjustments, given its decentralized nature. Critics, including former Federal Reserve economists, question the stability of crypto reserves, citing volatility risks. However, advocates highlight XRP’s liquidity and transaction efficiency, which outperforms traditional settlement systems like SWIFT.
Ripple’s push coincides with bipartisan efforts to establish clearer digital asset laws, with draft legislation expected later this year. Garlinghouse reiterated Ripple’s commitment to collaborating with policymakers, stating that proactive engagement is critical to balancing innovation with financial safeguards. Meanwhile, the company continues expanding its On-Demand Liquidity service, which uses XRP to facilitate instant cross-border transactions for clients like Bank of America and Santander.
Sources:
https://example.com/ripple-ceo-interview
https://example.com/xrp-reserve-proposal
https://example.com/ripple-ipo-update-2025
