Brad Garlinghouse, CEO of Ripple Labs, has voiced support for a U.S. digital asset reserve that encompasses a variety of tokens rather than being limited to bitcoin (BTC) or XRP alone.
In a recent post on X, Garlinghouse shared his perspective: “I own XRP, BTC, and ETH, among others – we live in a multichain world. I’ve long advocated for a level playing field, rather than a competition between tokens. If a government digital asset reserve is created, it should reflect the diversity of the industry, not just focus on one token, whether it’s BTC, XRP, or any other.”
This statement comes after U.S. President Donald Trump recently announced that his administration would review the possibility of establishing a national digital asset reserve, a concept he supported during the run-up to the November elections.
While many in the crypto industry expect the reserve to include bitcoin, given its dominant market value and widespread institutional adoption, there is currently only a 17% chance on decentralized betting platform Polymarket that the project will be approved within the first 100 days of Trump’s presidency.
Garlinghouse, however, opposes the idea of maximalism, where bitcoin is regarded as the only token worthy of a national reserve. “Maximalism remains the enemy of crypto progress, and I’m happy to see fewer people subscribing to this outdated and misinformed thinking,” he stated.
Ripple’s XRP is used to enable cross-border payments and remittances. As of Monday, XRP traded at $3.09, after experiencing a nearly 10% decline, reaching $2.65, according to CoinDesk data.
