CandleFocus Ripple CEO Comments on Elon Musk Mentioning XRP
2024-10-22
Author: Content Editor
Ripple CEO Brad Garlinghouse responded to a viral video of Elon Musk mentioning XRP for the first time. During a town hall discussion, Musk praised cryptocurrencies for their defense against centralized control but did not endorse XRP specifically. Garlinghouse reiterated that American voters care about crypto, including XRP, and emphasized the need for political candidates to support favorable regulations. Crypto stakeholders believe the upcoming presidential election is crucial, with the current administration displaying aggressive behavior toward the industry. Supporters of crypto believe that voting for Donald Trump, who has voiced support for the industry, is preferable to Kamala Harris, who has not clearly outlined her plans for regulation. Trump has received endorsements from top crypto executives, while Harris has attracted support from others. Ripple co-founder Chris Larsen recently donated $10 million in XRP to support Harris.
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