Ripple has thrown millions behind Kamala Harris. What’s the real agenda here? Is this about politics, or is Ripple gearing up for something bigger with XRP?
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Ripple’s split personality hits
Ripple, the blockchain giant behind XRP, has always been in the spotlight for something or the other. Lately, though, it seems Ripple is stepping up its political game, especially with some eye-catching statements from its CEO, Brad Garlinghouse.
During the D.C. Fintech Week event, Garlinghouse gave a rare nod to Democratic presidential candidate Kamala Harris, praising her approach to digital assets. He even went as far as calling her stance on crypto “most constructive.”
Now, this raises some eyebrows, considering Ripple’s historical neutrality in U.S. elections and its rocky relationship with the U.S. regulators.
But Garlinghouse’s comments come at an interesting time—one where Ripple is eyeing the possibility of an XRP ETF and dealing with the aftershocks of its longstanding legal battle with the U.S. SEC under a Democratic administration.
So, why the shift towards Harris, and what could it mean for Ripple’s future? Let’s take a look at Ripple’s political donations, the company’s hopes for an XRP ETF, and the drama surrounding it all.
Ripple’s political pivot
Traditionally, Ripple hasn’t exactly been best friends with the Democratic Party, especially considering the $1.3 billion
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Author: Ankish Jain
