Ripple CEO: Crypto Will Thrive Despite US Regulatory Uncertainty
Ripple CEO Brad Garlinghouse remains optimistic about the future of cryptocurrency despite legislative uncertainty in the US. Speaking at an event, he emphasized that superior technology tends to prevail and criticized the slow pace of traditional financial systems.
Garlinghouse stated that the cryptocurrency industry will continue to grow regardless of whether the Clarity Act passes in the US Senate. The act faces a tough Senate vote, needing bipartisan support to advance, with recent revisions still not satisfying some Democrats.
XRP's price on Pluang has seen a 10.95% decline over the past day, trading at Rp22.994 as of September 16th. Its market cap stands at Rp1.550,67 trillion with a 24-hour trading volume of Rp90,24 trillion. Despite this decline, Garlinghouse remains bullish on crypto's long-term adoption due to its advantages over legacy finance systems.