Ripple CEO: We will explore domestic payments, securities and other fields in the United States. The previous lawsuit by the SEC resulted in 95% of customers moving overseas
After the U.S. Securities and Exchange Commission (SEC) agreed to dismiss the lawsuit, Ripple CEO Brad Garlinghouse discussed the company's next steps in an exclusive interview with Fox Business. He pointed out that the SEC's lawsuit has hindered Ripple's business in the United States, resulting in 95% of its customers being overseas, but this situation is about to change.
Brad Garlinghouse emphasized Trump's executive order on cryptocurrency, particularly the establishment of strategic Bitcoin reserves and digital asset reserves, which creates a more friendly environment for U.S. crypto companies. Therefore, Ripple plans to shift its focus back to the United States and explore financial sectors such as payments, real estate and securities trading.
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