Ripple plans to enter the domestic payment, real estate, and securities sectors in the United States, with the SEC lawsuit resulting in 95% of its clients being overseas

2025-03-25 15:51:09

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ChainCatcher news, after the U.S. Securities and Exchange Commission (SEC) agreed to dismiss the lawsuit, Ripple CEO Brad Garlinghouse accepted an interview with Fox Business to discuss the company's next steps. He pointed out that the SEC's lawsuit has hindered Ripple's business in the U.S., resulting in 95% of its customers being overseas, but this situation is about to change.

Brad Garlinghouse emphasized Trump's executive order on cryptocurrency, particularly the establishment of strategic Bitcoin reserves and digital asset reserves, which creates a more favorable environment for U.S. crypto companies. Therefore, Ripple plans to shift its focus to the U.S. and aims to enter financial sectors such as payments, real estate, and securities trading.

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