Ripple CEO Brad Garlinghouse expressed excitement for 2025, stating momentum towards real-world utility continues to build. In 2024, the company achieved notable milestones despite a legal battle with the SEC.
In February, Ripple acquired Standard Custody, a step towards securing a U.S. charter. The same month, it entered the stablecoin sector, targeting market dominance held by Tether and USDT. This move was seen as a significant challenge to major players in the industry.
The company’s XRP token experienced a substantial price rally after SEC Chair Gary Gensler announced his resignation in November. Following this, co-founder Chris Larsen reportedly increased his net worth by over $6 billion in Q4 2024.
In December, Ripple launched its RLUSD stablecoin, building on months of anticipation. The XRP token has now surpassed USDT in market capitalization, standing at $137 billion after a double-digit price gain.
Looking ahead to 2025, XRP is poised to benefit from the possible approval of spot ETFs and a more favorable regulatory environment.
Source: https://u.today/ripple-ceo-says-hes-excited-for-2025