In an interview with Fox Business, Ripple CEO Brad Garlinghouse said the company is preparing for what could be a record quarter and reiterated that XRP is central to Ripple’s long-term plans. He described Ripple’s recent activity as being on a tear after an aggressive period of purchases and acquisitions.
In 2025 Ripple deployed roughly $4 billion across the crypto ecosystem through investments, mergers and acquisitions, moving deeper into trading and digital-asset infrastructure. Major deals included the $1.25 billion purchase of prime broker Hidden Road and a $1 billion acquisition of treasury management firm GTreasury. Ripple’s custody arm also issues a U.S. dollar–backed stablecoin, RLUSD, which is currently valued at about $1.4 billion.
Garlinghouse said the company’s expansion hinges on real-world uses for XRP, calling practical utility Ripple’s North Star. He pointed to adoption examples on the XRP Ledger, including a Dubai-based real estate tokenization tied to a Guggenheim Partners fund, as evidence that the token is being used beyond speculation.
On stablecoins, Garlinghouse suggested they could trigger a transformational moment for crypto similar to how ChatGPT changed expectations for AI. He argued stablecoins provide a tangible on-ramp for corporate treasurers and CFOs to adopt blockchain-based payments and other enterprise applications, and said many executives at Fortune 500 and Fortune 2000 companies are actively exploring how stablecoins fit into their payment and treasury strategies.
Regarding regulation, Garlinghouse stressed the importance of U.S. market-structure legislation and expressed cautious optimism that the CLARITY Act could pass. He warned lawmakers against politicizing regulatory efforts in ways that would undermine innovation or U.S. competitiveness.
At the time of publication, XRP was trading around $1.34, up about 1.1% for the day but down roughly 6.5% over the past seven days, according to CoinGecko.