Ripple CEO Wants Diversified US Crypto Reserve After One Approach

President Donald Trump's government is considering a Bitcoin Reserve, while Ripple CEO Brad Garlinghouse has urged a more diverse approach.
Ripple CEO: Crypto Reserve Not Just Bitcoin Reserve
Garlinghouse criticized the US government's idea to create a Bitcoin-only national crypto asset reserve. Instead, he suggested a reserve that includes Bitcoin, Ripple (XRP), and Ethereum (ETH) for a more balanced and equitable crypto policy.
Garlinghouse underlined Ripple's commitment to a multi-chain future and cryptocurrency collaboration despite the company's rising prominence in the US. He wrote on X, “Let me make it as clear as possible – if we work together instead of undermining each other, the crypto industry now has the opportunity to achieve many of our shared goals. This will never be a zero-sum game.”
Garlinghouse owns XRP, BTC, and ETH and stressed the necessity of diversification, saying, “we live in a multi-chain world and I advocate fair competition, not one token against another; if a government crypto reserve is created”. He noted that the US crypto reserve should reflect the whole business, not simply BTC, XRP, or other cryptocurrencies. Ripple CEO called maximalism “the enemy of crypto progress” and stated, “I’m glad to see fewer and fewer people agreeing with this outdated and wrong idea.”
Garlinghouse's advice follows a notable but forgotten debate: Bitcoin Maximalists vs. Crypto. Bitcoin maximalists support Bitcoin alone owing to its proof-of-work method and Satoshi Nakamoto's anonymity. Cryptocurrency as a whole encourages decentralization.
Many Bitcoiners believe the proof-of-stake method hinders decentralization compared to Ethereum or XRP.
However, with numerous US states already proposing Bitcoin reserves, Trump's opinion on a Bitcoin or Crypto Reserve remains to be seen.
Speaking of crypto market developments, Bitcoin is up 2.68% to $102,985.01, while Ethereum is up 1.74% to $3,212.28. Ripple rose 5.52% to $3.13.