Ripple CEO Drops Bombshell: “We Might Stop Selling XRP!”

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In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse—who, let’s be honest, probably has a better poker face than most of us—addressed the never-ending drama surrounding XRP sales. He casually dropped the bombshell that Ripple might, you know, *not* sell as much in the future. 🎭

“You know, at some point, maybe we won’t be selling as much,” Garlinghouse told Bloomberg’s Sonali Basak, who probably nodded politely while thinking, “Sure, Brad, and maybe I’ll win the lottery tomorrow.”

The 53-year-old CEO also took a swipe at Ripple’s critics, accusing them of spreading “falsehoods” about the company. Because, of course, the internet is a bastion of truth and accuracy. 🙄

“But right now, frankly, we get criticized for owning too much, and then we’re criticized for selling some,” he quipped, proving that no matter what you do, someone on Twitter will have an opinion about it. 🐦

Garlinghouse also described XRP as “slightly deflationary,” which is probably the most exciting thing to happen to deflation since the invention of shrinkflation in the cereal aisle. The supply has decreased to 99.9 billion units, and Ripple owns a whopping 42% of it. Because why not? 💰

“It feels a lot better to be on the offense”

As reported by U.Today, the SEC has decided to abandon its appeal against Ripple, which was initially filed in October when Gary Gensler was still in charge. Garlinghouse said this has provided “a lot of certainty” for Ripple and for him personally. Translation: he’s sleeping better at night. 😴

However, Ripple hasn’t dropped its cross-appeal against the SEC. Garlinghouse says the company is now in “the driver’s seat,” which is probably a relief after feeling like they were in the trunk for a while. 🚗

“We gonna see. It feels a lot better to be on the offense than on the defense,” he said, which is basically the corporate equivalent of “come at me, bro.” 💪

RLUSD in the top 5? 🏆

During the interview, Garlinghouse revealed that Ripple’s goal is to push Ripple USD (RLUSD) into the top 5 by the end of the year. He expects this market sector to experience “dramatic growth,” which is code for “we’re about to make bank.” 💸

As reported by U.Today, Ripple’s highly regulated stablecoin was recently added to LMAX Digital, which is probably the crypto equivalent of getting a table at Nobu. 🍣

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2025-03-19 23:42