Brad Garlinghouse, CEO of Ripple Labs, has reiterated his support for a diversified U.S. digital asset reserve that includes a variety of tokens rather than focusing solely on bitcoin (BTC) or XRP.
In a post on X, Garlinghouse said, “I personally hold XRP, BTC, ETH, and other tokens, as we live in a multichain world. I’ve always advocated for a level playing field and believe that a U.S. digital asset reserve should be representative of the industry, not just limited to one token, whether it’s BTC, XRP, or any other.”
His comments come on the heels of U.S. President Donald Trump’s recent remarks about exploring the creation of a national digital asset stockpile, a concept that gained traction during his campaign leading up to the November election.
Bitcoin, the largest cryptocurrency by market cap, is widely expected to be included in such a reserve, given its leading status and institutional adoption. However, according to traders on decentralized betting platform Polymarket, there is only a 17% chance that Trump will approve the reserve within his first 100 days in office.
Garlinghouse also expressed his opposition to the idea of “maximalism,” which champions one particular cryptocurrency over others. “Maximalism has always been a roadblock to the broader progress of crypto, and it’s encouraging to see fewer people holding onto this outdated belief,” he commented.
Ripple continues to use XRP as a bridge currency for cross-border payments. XRP was priced at $3.09 on Monday, although it experienced a nearly 10% drop, trading at $2.65, according to CoinDesk data.
