{"id":35930,"date":"2025-07-09T12:32:01","date_gmt":"2025-07-09T12:32:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35930"},"modified":"2025-07-09T12:32:01","modified_gmt":"2025-07-09T12:32:01","slug":"heres-what-ripple-ceo-garlinghouse-is-about-to-tell-us-senate-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35930","title":{"rendered":"Here\u2019s What Ripple CEO Garlinghouse Is About To Tell US Senate Today"},"content":{"rendered":"
\n

Ripple chief executive Brad Garlinghouse will ask US lawmakers to \u201cput the country on the path to being a global blockchain and crypto leader\u201d when he testifies this morning before the Senate Banking Committee\u2019s hearing on \u201cFrom Wall Street to Web3: Building Tomorrow\u2019s Digital Asset Markets.\u201d His prepared remarks, obtained in advance, frame the session as a choice between regulatory clarity that keeps innovation onshore and a continuation of regulation-by-enforcement\u201d that drives talent abroad.<\/p>\n

What Ripple Wants Lawmakers To Hear<\/h2>\n

Garlinghouse opens<\/a> by reminding senators that Ripple was created \u201cmore than a decade ago with a mission: to enable the Internet of Value \u2014 a world where money moves like information does today\u201d. He describes the XRP Ledger as \u201cdecentralized, battle-tested\u201d infrastructure that already powers \u201cfast, low-cost and highly scalable\u201d cross-border payments for banks worldwide . Ripple, he notes, operates under \u201cover 60 payment service, crypto and money-transmitter licenses\u201d precisely because it \u201cmade the deliberate choice to work with policymakers and regulators \u2014 not around them\u201d.<\/p>\n

The core of the testimony is an indictment of Washington\u2019s policy vacuum. \u201cFor the last decade, the legal and regulatory uncertainty surrounding crypto has prohibited meaningful progress in the US,\u201d Garlinghouse warns, arguing that the absence of clear rules \u201chas been weaponized to target good actors\u201d and is \u201cpushing technology, jobs and tax dollars offshore<\/a>, reducing regulatory oversight and putting consumers at higher risk\u201d.<\/p>\n

He cites Ripple\u2019s own four-year litigation with the Securities and Exchange Commission as emblematic. The 2020 SEC lawsuit<\/a>, he recalls, made Ripple \u201cthe tip of the spear of this regulation-by-enforcement campaign,\u201d yet the company ultimately prevailed: \u201cThe court ruled in our favor on everything that mattered \u2014 including finding that the token XRP is not, in and of itself, a security\u201d. That outcome, he contends, opened the door for other US crypto firms to fight back.<\/p>\n

Garlinghouse then lays out three legislative priorities: 1) clear jurisdictional boundaries among regulators, 2) workable pathways for companies to build in the United States without sacrificing investor safeguards, and 3) a framework that lets America \u201cbe a global leader in crypto by taking full advantage of the benefits and efficiencies brought by digital assets and blockchain technologies\u201d. With an estimated 55 million US crypto users and a $3.4 trillion global market capitalization on the line, he argues, the stakes are national\u2014not merely corporate.<\/p>\n

\u201cSpeaking on behalf of the entire crypto industry, I urge you to prioritize the passage of market-structure legislation for digital assets through this Committee and the full Senate,\u201d Garlinghouse tells lawmakers, predicting that such a step would \u201ccatalyze a new era of US competitiveness and unlock efficiencies in financial transactions\u201d. He closes with a challenge: \u201cThere is no reason we should not be the undisputed leader in digital assets and blockchain\u201d.<\/p>\n

Whether those words move the legislative needle will become clearer as the hearing unfolds, but Garlinghouse\u2019s testimony sets the tone: cooperation over confrontation, clarity over uncertainty\u2014and a blunt warning that the window for US leadership is narrowing fast.<\/p>\n

At press time, XRP traded at $2.31.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple chief executive Brad Garlinghouse will ask US lawmakers to \u201cput the country on the path to being a global blockchain and crypto leader\u201d when he testifies this morning before the Senate Banking Committee\u2019s hearing on \u201cFrom Wall Street to Web3: Building Tomorrow\u2019s Digital Asset Markets.\u201d His prepared remarks, obtained in advance, frame the session […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35930","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35930"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35930\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}