Ripple News: Garlinghouse Hints at Cutting XRP Sales After SEC Victory
Debashree Patra20 Mar 20254 min read
After years of legal battles, price suppression, and endless debates, XRP is finally breaking free. In a major victory for the crypto community, the U.S. Securities and Exchange Commission (SEC) has officially dropped its case against Ripple. But just as things start looking up, Ripple CEO Brad Garlinghouse Brad Garlinghouse at Ripple Brad Garlinghouse is an American businessman and a major crypto influencer. He is the CEO of Ripple Labs, which offers cryptocurrency and blockchain solutions. Brad has also worked at Hightail, AOL, and Yahoo in prominent positions. Ripple Labs has backed several blockchain startups and investors to grow decentralized finance. Brad sees crypto as a tool for financial freedom and has worked with other influencers in this regard. Quick Facts Full Name Bradley Kent Garlinghouse Birth 06-02-1971, in Topeka, Kansas Nationality American Education Bachelor's degree in Economics, MBA from Harvard Business School. Net Worth $10B (Refer here) Ripple's native token, XRP is among the top digital assets. As per CoinGape, Brad's company has $100 billion worth of XRP tokens in its reserve. This will help further innovation in Web3 and blockchain projects. As per reports surfing on Binance’s blog, Brad Garlinghouse may step down as CEO of Ripple to join the Crypto Advisory Council, which is led by President Trump. This significant event will boost the adoption of decentralized finance and blockchain growth. Brad Garlinghouse: Trivia 2007: Served as Senior VP at Yahoo!, heading communications and consumer products. 2012: Became CEO of Hightail, leading digital file-sharing innovations. 2015: Joined Ripple as COO to push blockchain adoption in cross-border payments. 2017: Became CEO of Ripple, driving XRP adoption and blockchain partnerships. 2020: Led Ripple’s defense against the SEC lawsuit over XRP’s security status. 2021: Expanded Ripple’s ODL (On-Demand Liquidity) network for global crypto payments. 2023: Got a partial success against the SEC, declaring XRP as not a security. 2024: Continue leading Ripple in CBDC collaborations and global blockchain finance. 2025: May join Trump's Crypto Advisory Council to set regulations. Notable Works & Achievements by Brad Garlinghouse Year Achievements Details 2003 Wrote the 'Peanut Butter Manifesto' at Yahoo! Highlighted Yahoo!'s lack of focus in operations. 2015 Joined Ripple as Chief Operating Officer Took measures to integrate blockchain technology into banking systems. 2017 Appointed CEO of Ripple Expanded Ripple's global partnerships, enhancing cross-border payment solutions. 2020 Named in Forbes' List of Wealthiest in Cryptocurrency Recognized for significant contributions to the crypto industry. 2023 Legal Victory in SEC vs. Ripple Case Achieved a favorable ruling impacting cryptocurrency regulations. Useful Links To Connect with Brad Garlinghouse Platform Link X (formerly Twitter) https://twitter.com/bgarlinghouse LinkedIn https://www.linkedin.com/in/bradgarlinghouse Ripple’s Website https://ripple.com/leadership/brad-garlinghouse/ EntrepreneurInvestorChief Executive OfficerBoard Member has hinted at a surprising shift – the company may scale back its XRP sales in the future.
Why would Ripple make such a move now? Let’s break it all down.
Will Ripple Cut Back on XRP Sales?
In an interview with Bloomberg, Garlinghouse responded to criticism about Ripple’s XRP sales. He acknowledged that while the company currently holds 42% of XRP’s total supply, there may come a time when they “won’t be selling as much.” He also pushed back against critics, calling their claims “falsehoods” and pointing out the contradiction – Ripple is often criticized for both holding and selling XRP.
Pierre Rochard, vice president of research at Riot Platforms, has previously argued that Ripple sells XRP mainly as a revenue source, not as an investment. He claims XRP holders are not investing in Ripple itself but are simply buying tokens that the company continues to sell into the market.
According to him, these tokens are created out of thin air, and Ripple has no obligations to buyers after the sale. His comments add to the long-running debate over Ripple’s XRP sales and their impact on the market.
SEC Drops Its Case—But the Fight Isn’t Over
Ripple’s legal victory became official when the SEC decided to drop its appeal against the company. Garlinghouse says this decision gives Ripple much-needed regulatory clarity. However, the battle isn’t completely over – Ripple is still pushing forward with its own cross-appeal against the SEC. Garlinghouse believes this puts Ripple “in the driver’s seat,” allowing the company to take an offensive approach rather than just defending itself.
Big Plans for Ripple’s Stablecoin
Ripple isn’t just focused on XRP—it’s also making moves in the stablecoin space. Garlinghouse revealed that Ripple aims to push its stablecoin, RLUSD, into the top five by the end of the year. This comes after RLUSD was recently added to LMAX Digital, signaling big ambitions for Ripple’s regulated digital currency.
With regulatory clarity and a stronger position in the market, Ripple is more confident than ever. Whether or not it reduces XRP sales, the company is clearly shifting its focus toward growth, new products, and staying competitive in the crypto industry.
The future looks promising for Ripple, and the next moves it makes could shape the direction of the market.
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