Brad Garlinghouse of Ripple Calls for a Broader U.S. Crypto Reserve Strategy

Brad Garlinghouse, the CEO of Ripple Labs, has voiced his support for a U.S. digital asset reserve that should incorporate multiple tokens, beyond just bitcoin (BTC) or XRP.

In a recent statement on X, Garlinghouse expressed, “I own XRP, BTC, ETH, and several other tokens. We live in a multichain ecosystem. I’ve always advocated for a level playing field, not for a scenario where one token is pitted against another. If the government decides to create a digital asset reserve, it should represent the broader industry and not just focus on one token, whether that’s BTC, XRP, or any other asset.”

This comes after U.S. President Donald Trump’s announcement last week that his administration would assess the possibility of establishing a national digital asset reserve, an idea that was a key part of his election campaign.

While bitcoin, being the largest cryptocurrency by market capitalization, is expected to be a key player in such a reserve, there’s currently only a 17% chance, according to traders on decentralized betting platform Polymarket, that Trump will approve this project in the first 100 days of his presidency.

Garlinghouse, however, has been outspoken against the notion of maximalism, which favors one token over others. “Maximalism is a hindrance to crypto’s growth, and I’m pleased to see fewer people adhering to this outdated and flawed perspective,” he commented.

Ripple’s XRP is primarily used for cross-border payments and remittances. As of Monday, XRP was trading at $3.09, though it had seen a 10% drop, falling to $2.65, according to CoinDesk data.