Brad Garlinghouse on security classification
From Ripple CEO BRAD GARLINGHOUSE Interview with FOX Business News Liz Claman and Charles Gasparino - XRP · · XRP INSIGHT
“If you start treating XRP as a security, however, that means you're subject to a whole lot of regulations, costs associated with a security settlement. If you're using again the magic of what is XRP is how incredibly fast and how incredibly cost efficient it is for these cross-border payments, how Ripple deploys the technology. If you start treating it as a security, the costs and speed change dramatically. And really that's an example where the SEC is in effect picking the winners and losers of this new industry, and that's not the role of the government in this case.”
On , Brad Garlinghouse, CEO at Ripple, spoke about security classification during Ripple CEO BRAD GARLINGHOUSE Interview with FOX Business News Liz Claman and Charles Gasparino - XRP on XRP INSIGHT.
About Brad Garlinghouse
Brad Garlinghouse, CEO of Ripple, has been active at industry events including Consensus 2026 and XRP Las Vegas, where he discussed the company's acquisition strategy, stablecoin market projections, and regulatory developments. He stated that he believes the stablecoin market cap will reach $3 trillion by 2031. Garlinghouse described Ripple's approach to acquisitions as "contrarian," saying the company focuses on bringing non-digital-asset-native companies onto the blockchain rather than acquiring other crypto firms. He also commented on the Clarity Act, saying he thought the chances of passage were around 80% and that if it does not get out of committee by the end of the third week of May, "we're in real trouble." Garlinghouse addressed several other topics during his appearances. He described layoffs attributed to artificial intelligence as a "travesty," arguing that AI should be viewed as an "unlock" for growth rather than a tool to reduce headcount. He called for an XRP boycott of the Sphere in Las Vegas, saying the venue declined to display XRP while agreeing to show Bitcoin and Ethereum. On XRP's legal status, he noted that a federal judge ruled XRP "in and of itself is not a security." He also said Ripple has not prioritized going public and that the company is pursuing a Federal Reserve master account, which he described as a potential "big unlock."