The post Ripple News: Brad Garlinghouse Hints at Reduced XRP Sales appeared first on Coinpedia Fintech News
After years of legal battles, price suppression, and endless debates over its status, XRP is finally breaking free. The SEC has officially dropped its case against Ripple, marking a huge win for the crypto community. But just as the dust settles, Ripple CEO Brad Garlinghouse has made another big statement—hinting that the company might cut back on XRP sales in the future. This comes at a time when Ripple is gaining momentum, shaking off legal hurdles, and setting its sights on bigger goals in the crypto world.
Less XRP Selling in the Future?
In an interview with Bloomberg, Garlinghouse responded to criticism about Ripple’s XRP sales. He acknowledged that while the company currently holds 42% of XRP’s total supply, there may be a time when they “won’t be selling as much.” He also dismissed claims from critics, calling them “falsehoods” and pointing out that Ripple is often criticized for both holding and selling XRP.
Pierre Rochard, vice president of research at Riot Platforms also said previously that Ripple sells XRP purely for revenue, not as an investment. He claims XRP holders aren’t investing in Ripple but are simply buying tokens that are continuously sold into the market. According to him, these tokens are created out of thin air, and Ripple has no obligations to buyers after the sale. His comments add fuel to the long-running debate over Ripple’s XRP sales and their impact on the market.
SEC Steps Back, Ripple Moves Forward
Ripple recently scored a major win as the SEC decided to drop its appeal against the company, a move that Garlinghouse says has given Ripple much-needed clarity. However, Ripple isn’t backing down entirely, as it is still pursuing its own cross-appeal against the regulator. Garlinghouse believes this puts Ripple in “the driver’s seat” and allows the company to be on the offense rather than the defense.
Big Plans for Ripple’s Stablecoin
Ripple isn’t just focused on XRP—it’s also making moves in the stablecoin space. Garlinghouse revealed that Ripple aims to push its stablecoin, RLUSD, into the top five by the end of the year. This comes after RLUSD was recently added to LMAX Digital, signaling big ambitions for Ripple’s regulated digital currency.
With a stronger position in the market and regulatory clarity, Ripple seems more confident than ever. Whether or not it scales back XRP sales, its focus is shifting toward expansion, new products, and staying ahead in the crypto industry.
