Ripple CEO Brad Garlinghouse says pro-crypto members won on both sides of the political aisle. He also points to 67 million Americans using crypto, a figure he says is growing.
Why it matters
The remarks frame crypto as an issue with support beyond one political camp. That could matter as lawmakers debate the rules governing the sector.
Market impact
Garlinghouse's comments offer a positive read on crypto's political footing, but do not specify which lawmakers or policy outcomes he is referring to. The scale of US crypto use is central to his argument that the constituency is not going away.
Frequently asked questions
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What political support did Brad Garlinghouse describe?
The Ripple CEO said pro-crypto members won on both sides of the political aisle.
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How many Americans does Garlinghouse say use crypto?
He cited 67 million Americans using crypto and said the number is growing.
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Why could bipartisan support matter for crypto?
Support across political lines could matter as lawmakers debate rules governing the crypto sector.
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Did Garlinghouse identify specific lawmakers or policy outcomes?
No. His remarks describe bipartisan wins but do not identify lawmakers or specific policy outcomes.
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What is the central point of Garlinghouse's remarks?
He presents crypto as having support across party lines and a growing base of US users.
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