Brad Garlinghouse, CEO of Crypto Company Ripple Labs, supports the idea of a reserve of American digital assets encompassing several tokens and not only Bitcoin (BTC) or XRP.
“I have XRP, BTC and ETH, among a handful of others – we live in a multi -hole world, and I pleaded for a playground instead of one token compared to another. If a reserve of Govt digital active ingredients is created – I think it should be representative of the industry, not just a token (be it BTC, XRP or something else), “said Garlinghouse on X.
Last week, American president Donald Trump said that his administration would assess the opportunity to create a stock of national digital assets, having supported the idea in the period of the November elections.
The cryptography market provides that a potential reserve would include Bitcoin, the main digital active ingredient by market value and that with the highest level of institutional adoption. Currently, traders active on the decentralized Paris Polymarket Paris platform only see 17% of Trump Greend likely the project in the first 100 days of its administration.
Garlinghouse, however, is against maximalism which promotes BTC as the only deserving candidate for a potential national reserve.
“Maximalism remains the enemy of the progress of cryptography, and I am very happy to see fewer and fewer people attributing to this obsolete and ill -informed thought,” said Garlinghouse.
Ripple uses XRP to facilitate payments and shipments of cross -border funds. XRP changed hands at $ 3.09, having sang almost 10% to $ 2.65 on Monday, Coindesk data displayed.