Ripple is pushing for significant changes in the U.S. crypto regulation, with CEO Brad Garlinghouse applauding recent developments.
Garlinghouse supports diverse digital asset reserves in the U.S., while skepticism surrounds Trump's plans.
XRP's price recently fell, but a meeting between Ripple's CEO and Donald Trump might signal a big recovery.
RLUSD, Ripple's USD stablecoin, will be backed by U.S. dollar assets and operate on the XRP Ledger and Ethereum blockchain, launching in weeks, according to Garlinghouse.
CME Group's update may pave the way for an XRP ETF, bringing optimism to the Ripple community.
Garlinghouse expressed optimism about the current state of the cryptocurrency sector. Increasing institutional interest has made the market more vibrant.
Ripple is under fire from advocates of Tether and Bitcoin, as CEO Garlinghouse faces allegations of spreading fear, uncertainty, and doubt (FUD) about Tether.
Ripple CEO acknowledges the significance of Tether in the cryptocurrency space, defending its role against US government's desire for increased control over stablecoin issuers.