XRP skyrockets 27%! Ripple CEO discusses "Making Crypto Great Again", will Trump boost the industry's future?

Last night, Ripple CEO Brad Garlinghouse stated emphatically in an interview with Fox Business: "Trump will make the crypto industry great again." As soon as this statement was made, XRP's price surged 27%, hitting a new high. Market sentiment suddenly heated up, and the underlying logic and direction are worth exploring!

Garlinghouse pointed out the obsolescence of the current regulatory framework, especially the SEC rules that rely on the Howey Test from 1946. He believes that the SEC under Gensler is too politicized and unpredictable, which not only limits innovation but also pushes 95% of Ripple's business overseas.

Ripple's CEO clearly stated that if the Trump administration takes office, it will provide the much-needed regulatory clarity for the digital asset industry and accelerate innovation in the crypto field in the United States. More importantly, Trump has promised to replace Gensler with a leader familiar with crypto, injecting new vitality into the U.S. economy.

Garlinghouse revealed that Ripple plans to launch its own stablecoin RL USD, targeting the $170 billion cross-border payment market, competing with Tether for the first mover advantage. The stablecoin may become a booster for Ripple's next round of market explosion.

As the U.S. presidential election approaches, the crypto industry may welcome a new policy cycle. If Ripple's strategy is effective, XRP, as a core asset in the global payment field, may have immeasurable upward potential in the future.

The market never waits for the hesitant! The expectations for Trump's crypto policy upon his return to politics may have become the biggest variable for XRP and the Ripple ecosystem. Under the resonance of funding and policy, the potential for XRP's future price needs no further explanation.

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