Here’s Why Today Could Be a Historic Day for XRP

Here’s Why Today Could Be a Historic Day for XRP


The post Here’s Why Today Could Be a Historic Day for XRP appeared on BitcoinEthereumNews.com.

Today, July 9, 2025, is shaping up to be one of the most significant days in XRP history. Particularly, Ripple CEO Brad Garlinghouse is testifying before the U.S. Senate as several major developments converge. This has fueled rising belief within the XRP community that the asset is entering a new era. In a tweet, Brad Kimes, founder of Digital Perspectives, highlighted the moment’s magnitude, calling it the potential beginning of a “coronation” for Ripple and XRP. Brad Garlinghouse Addresses the US Senate Notably, Garlinghouse is testifying today before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Ahead of his official appearance, he shared the speech he plans to deliver, titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets.” Garlinghouse emphasized the need for precise digital asset regulation and a balanced framework that protects consumers while encouraging innovation. He defended Ripple’s mission to build an Internet of Value using the XRP Ledger. In particular, the CEO emphasized that the company leverages the XRP Ledger and XRP to process payments. XRP is designed to enable rapid, cheap, and scalable transactions. This is the most significant moment in which XRP and the XRP Ledger have been directly referenced and explained in the halls of the U.S. Senate. Garlinghouse also stated that from the beginning, Ripple made a deliberate choice to collaborate with policymakers and regulators. The company operates under more than 60 crypto payment and money transmitter licenses, both domestically and internationally. Consequently, he called on Congress to pass smart legislation to ensure the U.S. can become a global leader in blockchain and crypto. Ripple’s Legal Victory Finalized As Garlinghouse spoke to lawmakers, Ripple’s years-long battle with the U.S. SEC is also coming to a close. The lawsuit, which began in 2020, questioned whether XRP was a security.  However,…



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