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Elon Musk's Comments on XRP Stir Crypto Community

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3 hours ago

Tesla CEO Elon Musk has captured the attention of the cryptocurrency community after mentioning XRP during a rally with Donald Trump. This has sparked discussion among the crypto community, particularly grabbing the interest of Ripple executives.

Elon Musk and XRP Queries

During a rally with Donald Trump, Elon Musk mentioned the cryptocurrency XRP for the first time in response to an audience question. Musk chose to maintain a neutral stance on XRP without expressing direct support.

Ripple CEO's Reaction

Ripple CEO Brad Garlinghouse quickly responded to Musk's comments. He remarked that US voters are increasingly interested in cryptocurrencies and expect policies that promote innovation and job creation. According to him, candidates ignoring the significance of cryptocurrencies and blockchain technology risk losing the support of a well-informed and growing voter base.

Voters care about crypto – they care about XRP – it's not a niche issue. They want real policies that drive innovation and create jobs.Brad Garlinghouse

Ripple's Stand on the Political Front

Ripple takes a diplomatic path in crypto matters, shown through donations by key company figures. Ripple Chief Legal Officer Stuart Alderoty donated $300,000 worth of XRP to Donald Trump, while Ripple co-founder Chris Larsen contributed $10 million to Kamala Harris, a move criticized by many XRP users.

Elon Musk's mention of XRP on the political stage has catalyzed discussions within the crypto community. Ripple's leadership response underscores the growing importance of cryptocurrencies and technological innovation in the political context.

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