The crypto market has been waiting for this moment: leading industry figures finally met at a White House-hosted crypto summit. During President Donald Trump’s remarks, several points appeared to be clarified. Trump reiterated his view of the United States as the world’s “crypto capital,” while Ripple CEO Brad Garlinghouse added new data to support the argument.

Garlinghouse Says Crypto Is No Longer a Fringe Industry

In a post-event comment, Garlinghouse said that “Crypto isn’t a fringe industry,” pointing to a survey showing that 100 million Americans now use blockchain technology in some form. He added that about 67 million of those users are long-term cryptocurrency holders, according to a survey conducted this year by the National Cryptocurrency Association.

Garlinghouse wrote on X:

Great to be back at the White House today alongside @realDonaldTrump , @SECPaulSAtkins , @ChairmanSelig and leaders across the crypto industry. The big picture has never been clearer: 67 million Americans hold crypto today (that’s nearly 1 in 4!). Crypto isn't a fringe industry.… pic.twitter.com/fsyX1ZwG2a — Brad Garlinghouse (@bgarlinghouse) August 20, 2026

Great to be back at the White House today alongside @realDonaldTrump , @SECPaulSAtkins , @ChairmanSelig and leaders across the crypto industry. The big picture has never been clearer: 67 million Americans hold crypto today (that’s nearly 1 in 4!). Crypto isn't a fringe industry.… pic.twitter.com/fsyX1ZwG2a

The article also noted that two-thirds of respondents said they were more interested in crypto in 2026 than they were last year, suggesting broader mainstream visibility. Trump’s direct acknowledgement and thanks to Ripple’s CEO during the speech further reinforced that point. The event was also described as the end of “political lawfare, debanking, and regulation by enforcement,” a shift that matters because firms like Ripple have spent years navigating a patchwork of enforcement-driven oversight.

That was echoed by CFTC Chair Selig, while SEC Chair Paul Atkins said a clearer regulatory framework is needed as soon as possible and referred to delays surrounding the CLARITY Act. Although the issue is expected to be discussed in September, market watchers reportedly do not see a likely 2026 passage, with the Senate potentially turning to other bills already in the queue.

JUST IN: 🇺🇸 President Trump welcomes CEO of @Ripple Brad Garlinghouse. #XRP pic.twitter.com/skfTfHDVLb — JackTheRippler ©️ (@RippleXrpie) August 19, 2026

JUST IN: 🇺🇸 President Trump welcomes CEO of @Ripple Brad Garlinghouse. #XRP pic.twitter.com/skfTfHDVLb

XRP and Ripple’s Broader Strategy

XRP remains in a category of its own within Ripple’s broader business strategy. Garlinghouse attended the landmark crypto meeting, while Ripple President Monica Long has previously emphasized Ripple’s long-term effort in the legislative arena. Ripple also holds 75 licenses and is actively promoting its stablecoin, RLUSD.

RLUSD May Create a Trade-Off for XRP

While RLUSD may support the wider ecosystem, it could also take some trading volume and overall market capitalization away from XRP. That could happen if institutional players choose to settle transactions in the stablecoin instead of using XRP, which is more exposed to price fluctuations. Before RLUSD launched, XRP’s On-Demand Liquidity (ODL) product was the only option available.

At the same time, XRP still holds a leading position. The token has gained 18.9% since its cycle low of $0.98 on August 14, 2026. On Thursday, XRP’s daily trading volume reached $4 billion, while RLUSD volume totaled $502,409,048.

With crypto ownership extending beyond high-income households, XRP’s presence at the White House summit highlights how closely policy, adoption, and Ripple’s product lineup are now tied together in the same conversation.