Recent discussions around the signing of the GENIUS Act have drawn attention from the XRP community, particularly regarding Ripple CEO Brad Garlinghouse's absence from the event.
Absence of Brad Garlinghouse at GENIUS Act Signing
Ripple CEO Brad Garlinghouse notably did not attend the recent signing of the GENIUS Act at the White House, raising eyebrows in the cryptocurrency community. Some members have started linking his absence to the presence of IMF Managing Director Kristalina Georgieva in San Francisco, fueling theories about a potential meeting with IMF representatives.
Ripple’s Role in Recent Cryptocurrency Legislation
The signing of the GENIUS Act is seen as a significant step toward establishing a clear legal framework for stablecoins in the U.S. Ripple's Chief Legal Officer, Stuart Alderoty, attended the signing ceremony, where President Trump signed the law aimed at clarifying the legal environment for digital assets. Additionally, two other cryptocurrency-related bills are currently pending in Congress.
Speculations about Ripple and IMF Collaboration
Although there is no official confirmation of a meeting between Ripple and the IMF, some view this as a plausible scenario. IMF documents have previously discussed the role of XRP in enhancing cross-border payments. Garlinghouse has also raised XRP-related discussions with the IMF before. While this remains informal speculation, the possibility of collaboration between Ripple and the IMF is of significant interest to XRP enthusiasts.
Discussions regarding the potential connection between Ripple and the IMF continue, and while this remains speculation for now, its relevance may grow as the legal environment for cryptocurrencies in the U.S. improves.
