Ripple CEO Says US Crypto Capital Goal Is Now ‘Within Reach’

Ripple chief executive Brad Garlinghouse reiterated support for the United States becoming a global crypto hub following a White House meeting with industry leaders and federal regulators. In a post on X, Garlinghouse said the goal of making America the crypto capital of the world is "within reach" and urged completion of pending legislation.

White House meeting highlights

The gathering, held on August 19, included representatives from Ripple, Coinbase, Kraken, Robinhood, Nasdaq, Intercontinental Exchange, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). President Donald Trump discussed digital‑asset legislation, capital formation, tokenization and U.S. technological competitiveness, stating his administration had ended the “war on crypto.”

CFTC chairman’s endorsement

CFTC Chairman Michael S. Selig posted that under Trump’s leadership the “new frontier of finance is being built on American soil,” linking regulatory clarity to investment, employment and domestic tech development.

CLARITY Act as the next test

The Digital Asset Market Clarity Act of 2025 (H.R. 3633) proposes a federal market‑structure framework that would give the CFTC authority over spot markets for qualifying digital commodities while retaining SEC oversight of securities. After passing the House in July 2025, the bill moved to the Senate, where a cloture motion filed by Majority Leader John Thune is scheduled for September 15. A successful cloture vote would allow the Senate to proceed to formal consideration.

Industry stance

Ripple and other crypto firms have urged lawmakers to advance the bill, emphasizing the need for clear rules and stronger consumer protections. Garlinghouse described the pending vote as a pivotal moment for achieving the U.S. crypto capital objective.