Ripple CEO Commends Trump Administration

Ripple CEO Brad Garlinghouse praised the Trump administration as the most crypto-friendly in U.S. history while his team attended the White House signing ceremony for the GENIUS Act.

The public endorsement appears to be a strategic move by Garlinghouse, whose company has faced challenges with U.S. regulators.

> Team Ripple at the White House celebrating a historic day for crypto! Bummed I wasn’t able to make it in person but celebrating from afar. Link
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> — Brad Garlinghouse (@bgarlinghouse) July 18, 2025

Celebrating the New Crypto Law

Garlinghouse expressed his disappointment over not attending the signing in person but highlighted that Ripple’s team was present. His accolades for the administration coincided with President Donald Trump signing the country’s first digital asset law, the GENIUS Act. This act establishes a federal oversight framework for stablecoins, mandating a 1-to-1 backing with dollars or equivalent assets.

Industry Leaders Align with Positive Remarks

Garlinghouse’s praise is echoed by other industry leaders. Ripple’s Chief Legal Officer, Stuart Alderoty, welcomed the legislation as a long-awaited signal of regulatory clarity that would bolster confidence in digital products.

Coinbase’s Chief Legal Officer, Paul Grewal, noted that defining stablecoin backing could help maintain the global relevance of the U.S. dollar. He emphasized that regulatory clarity could further spur the expansion of dollar-backed stablecoins.

TRON’s founder Justin Sun remarked that the GENIUS Act creates a workable framework for innovation in crypto. He stressed that well-collateralized stablecoins are crucial for growth and consumer protection.

Clear Standards for Stablecoins

This industry-wide admiration follows extensive lobbying and support for pro-crypto candidates. President Trump, who has been critical of crypto in the past, has recently aligned himself more closely with the sector.

For leaders like Garlinghouse, publicly lauding Trump’s “crypto-forward” stance is a calculated effort to secure a favorable position as the landscape evolves.

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