XRP continues to gain attention across the financial world as government leaders warm up to cryptocurrency. Ripple CEO Brad Garlinghouse recently welcomed U.S. Federal Reserve governors’ emerging crypto-friendly stance, calling it a “new dawn” for the digital assets space.

Ripple CEO Praises Fed’s Growing Support for Crypto

In a post on social media platform X, Brad Garlinghouse responded positively to statements from high-ranking Federal Reserve officials who expressed openness to digital assets. Specifically, Fed Governor Christopher Waller recently acknowledged the potential of private sector innovation—including cryptocurrencies—to improve financial systems.

Garlinghouse quoted Waller’s remarks, sharing: “The Fed acknowledging and encouraging private-sector innovation in crypto? A new dawn indeed.” His reaction mirrors a broader shift from skepticism to cautious acceptance within U.S. regulatory circles.

Changing Winds in U.S. Crypto Regulation

Until recently, many in the crypto industry—including Ripple—faced stringent scrutiny from U.S. regulators. Ripple famously remains locked in a legal battle with the SEC over whether XRP should be classified as a security. Nevertheless, Garlinghouse’s latest comments reflect optimism that regulatory tides are beginning to shift in favor of innovation and clarity.

Governor Waller’s comments are significant because they illustrate increasing support within the Fed for the private sector’s role in shaping digital financial systems—an endorsement Ripple has long campaigned for. His remarks suggested room for cryptocurrencies and blockchain developments within the formal economy, so long as they abide by clear rules.

XRP Community Reacts to Institutional Adoption Signals

The XRP community swiftly echoed Garlinghouse’s optimism. Many market watchers interpreted Waller’s pro-innovation comments as a potential catalyst for future institutional adoption. In the past, such endorsements have fueled speculation and trading activity around XRP and similar tokens.

The timing is critical. Ripple, along with other blockchain firms, continues to expand international partnerships while awaiting regulatory clarity in the U.S. Recent moves in Asia-Pacific and Latin America have already shown how crypto firms can thrive under supportive government frameworks—something Ripple aims to replicate in the U.S. with such changing attitudes.

Ripple’s Advocacy for Responsible Innovation

Garlinghouse’s “new dawn” remark highlights Ripple’s continuing advocacy for responsible innovation. Instead of resisting regulation, Ripple has consistently called for transparent and consistent policy that supports crypto adoption while protecting consumers.

Fed officials signaling a willingness to consider these views opens doors for meaningful conversations between cryptocurrency networks and regulators. This could ultimately enhance blockchain-driven financial systems in a legally compliant and sustainable way.

Growing openness from U.S. regulators marks a significant shift for major cryptocurrencies like XRP.

Looking Ahead: What This Means for XRP

Although the situation with the SEC remains unresolved, increased signals of regulatory openness could benefit XRP in the long run. As sentiment shifts in Washington D.C., Ripple may find itself in a stronger position to drive U.S.-based digital payment innovation using XRP Ledger (XRPL).

Garlinghouse’s hopeful tone resonated throughout the crypto sector, especially for XRP supporters who have called for a less hostile stance from regulators. If these recent developments indicate a genuine shift, XRP—and Ripple—may be heading toward a more secure and scalable future.

Related: XRP Price: $12M Max Pain for Bears

To follow ongoing developments surrounding Ripple’s legal case and policy progress, explore our coverage on Ripple and XRP.