Brad Garlinghouse stated that the SEC’s completion of its investigation opens new opportunities for banks to engage with Ripple and XRP, resulting in increased interest from U.S. Financial institutions.

Donald Trump’s renewed backing for crypto has positively influenced policy changes and investor sentiment, which is vital for the industry’s growth. Garlinghouse notes an uptick in business activity since Trump’s election.

Garlinghouse emphasized the necessity of regulatory clarity alongside executive orders for sustained growth in the crypto sector. He indicated that the blockchain technology is key to transforming the outdated U.S. Financial infrastructure.