XRP community members expressed enthusiasm as Ripple CEO Brad Garlinghouse met with James David Vance, the Vice President of the United States.
In a tweet, Garlinghouse shared a picture of him and Vance at a recent event. The Ripple CEO highlighted a series of high-profile events he attended in Washington, D.C., related to Donald Trump’s inauguration as the 47th President of the United States.
They include D.C.’s first ‘Crypto Ball,’ separate dinners with the Vice President and President, and a session at the Capitol. Garlinghouse highlighted a sense of opportunity for crypto, particularly in the United States, where the industry has faced regulatory challenges.
“There’s discernible excitement for all the good possible with crypto and blockchain… here in the US (finally) and globally,” Garlinghouse remarked while congratulating Trump and Vance following their victory.
Still riding high from all the Inauguration events in DC this weekend!
From the Crypto Ball, to the VP dinner, to the POTUS dinner, to sitting in the Capitol yesterday – there’s palpable excitement for all the good that’s possible leveraging crypto and blockchain… here in the… pic.twitter.com/VzIVoYuo7v
— Brad Garlinghouse (@bgarlinghouse) January 21, 2025
XRP Community Reacts
The post, particularly the photo of Garlinghouse and Vance, has elicited positive reactions within the XRP community. Many enthusiasts consider the post to be bullish for the broader XRP ecosystem.
Garlinghouse’s meeting with Vance comes weeks after the Ripple CEO met with Trump at a dinner. A photo of Garlinghouse, Trump, and Ripple CLO Stuart Alderoty has been circulating on X since the dinner.
Moreover, a video of Garlinghouse exchanging pleasantries with Vance at Trump’s Candlelight dinner on the eve of the inauguration has also been making the rounds on X.
Ripple Donations to Trump
Although Ripple did not directly fund Trump’s reelection, its CLO Alderoty made a significant financial contribution to his campaign. As previously reported, the Ripple CLO donated 624,000 XRP, worth about $300,000 at the time, to a Super PAC supporting Trump.
Ripple followed suit with a $5 million donation after the election to support Trump’s inauguration ceremony. Given these developments, particularly Ripple’s meeting with Trump and Vance, several market observers speculate that the crypto payments company might be lobbying the new administration to end the SEC lawsuit.
Alderoty is confident that the Trump-led administration will abandon the lawsuit, which he claims lacks merit. In addition to the lawsuit, Ripple might be pushing for other positive developments related to XRP.
Last week, there were rumors that Trump is considering establishing an America-first reserve featuring crypto assets developed in the United States, including XRP. This development follows Ripple executives’ private dinner with Trump earlier this month.
The XRP reserve is expected to be established alongside Trump’s proposed national Bitcoin stockpile. However, Trump has not yet publicly revealed plans to create the so-called XRP reserve.
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