Ripple is considering paying a slashing of 50 million USD in XRP after winning against SEC.

After achieving a significant victory in the long-running legal battle with the Securities and Exchange Commission (SEC), Ripple not only maintained its reputation but also demonstrated greater ambitions. Recently, Ripple’s CEO – Mr. Brad Garlinghouse – unexpectedly revealed the company’s potential plan to pay a slashing of 50 million USD using XRP.

In an interview with Fox Business, Mr. Garlinghouse stated that the U.S. government will receive a slashing of 50 million USD from Ripple – and he is considering paying this amount with XRP. This statement came right after President Donald Trump announced the inclusion of XRP, along with Solana (SOL) and Cardano (ADA), in the new national strategic cryptocurrency reserve.

“We have discussed paying the slashing with XRP. That would be quite interesting,” Garlinghouse shared, implying that the situation in Washington is slowly changing, with a new SEC Chair and a more positive attitude from the government towards cryptocurrency.

Ripple enters the post-legal growth era

The legal victory has paved the way for Ripple to aggressively expand. A year ago, the company could not have imagined spending $1.25 billion to acquire a company like Hidden Road. The latest deal is not only a testament to its position but also a sign that the era of crypto companies having to evade American regulators is gradually coming to an end. According to Garlinghouse, the industry is entering a “building rather than fighting” phase in America.

The SEC has withdrawn its appeal without any conditions, while Ripple has also agreed to withdraw its cross-appeal. The agency will hold 50 million USD out of a total penalty of 125 million USD, with the remainder being refunded to the defendant.

Garlinghouse noted that American policymakers are becoming increasingly open. “In the past, we had to fight against headwinds, now we have tailwinds,” he said, emphasizing the clear shift as financial institutions are no longer sidelined and crypto is becoming the favored choice of hedge funds.

Prediction of Bitcoin reaching 200,000 USD

In addition, the CEO of Ripple also made a prediction about the price of Bitcoin, stating that the level of 200,000 USD is “completely feasible.” However, he declined to make a prediction about XRP because it is “too personal.”

In the past 90 days, XRP has been one of the best-performing large cryptocurrencies. However, in the last 60 days, XRP has decreased by more than 16%, currently trading around 2.11 USD. Meanwhile, Bitcoin has fluctuated between 74,000 USD and 83,000 USD in the past week, currently trading at an average of 83,784 USD, down 15% in the past 60 days.

You can see the price of XRP here.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do thorough research before making any decisions. We are not responsible for your investment decisions.

• A strange file has just been added to the case records between the SEC and Ripple, “freedom for the people of America”
• SEC requests to dismiss the evidence presentation request from outsiders of the Ripple case.
• SEC and Ripple are nearing a final settlement agreement.

Thach Sanh

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