Ripple CEO Brad Garlinghouse recently shared his views on elections and voters’ expectations as he pointed out that voters care about crypto and Ripple’s native token, XRP.
In a X post, Garlinghouse wrote, “Voters care about crypto – they care about XRP – it’s not a niche issue. They want real policies that drive innovation and create jobs.”
Voters care about crypto – they care about XRP – it’s not a niche issue. They want real policies that drive innovation and create jobs.
Candidates that ignore crypto and blockchain risk a serious loss in support from a growing, informed voter base. https://t.co/PfrjjyzCBn
— Brad Garlinghouse (@bgarlinghouse) October 21, 2024
His statement was accompanied by a viral video of a voter asking SpaceX and Tesla CEO, Elon Musk, about XRP’s future in light of the SEC’s recent crypto crackdowns. Elon Musk sidestepped the rather specific mentioning of XRP, as he said he neither endorses it nor criticizes it. He however did say, “I do think crypto by its very nature helps with individual freedom.”
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Garlinghouse also cautioned that candidates ignoring crypto and blockchain risk a serious loss in support from a growing, informed voter base.
Crypto has become a heart of several election campaigns this election season, and voters and the crypto industry are definitely looking forward to a relaxed, crypto-friendly policy from the next government. As a result, both Presidential candidates- Donald Trump and Harris are leaving no stone unturned to appease this specific voter base, with cryptocurrency election betting markets closely tracking how their stances could influence voter support.
When it comes to how crypto companies are trying to earn favor from the next government, Ripple is diplomatically playing on both sides. On one hand, co-founder Chris Larsen donated $10 million to Harris campaign and associated organizations, and another balancing act came from CTO David Schwartz who recently supported Trump in a lawsuit against him.
Since early June, Trump, too, has raised about $7.5 million in cryptocurrencies, with a major chunk coming from Ripple and other crypto firms.
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Also Read: Elon Musk on Politics & Trump: What it Means for Crypto?
