Ripple 
$1 Labs CEO Brad Garlinghouse argues that the digital asset reserve the U.S. could create should not be limited to Bitcoin 
$75,226 or XRP. He emphasizes that, as we live in a multi-chain world, a reserve that includes various tokens would better represent the industry.
Supporting Diverse Cryptocurrencies
Garlinghouse states that focusing solely on a single token can lead to inequality, as he invests in various cryptocurrencies like BTC, ETH, and XRP.
“If a government were to create a digital asset reserve, it should represent the entire industry, not just BTC, XRP, or any other token.”
he added.
Trump’s Digital Asset Plans
Last week, U.S. President Donald Trump announced that his administration would consider whether to create a national digital asset reserve. This idea was supported ahead of the November elections. However, markets predict that there’s only a 17% chance of this project being approved within the first 100 days of Trump’s administration.
Opposing Cryptocurrency Maximalism
Garlinghouse criticized the view that BTC is the only deserving candidate, asserting that this perspective is detrimental to crypto advancement.
“Maximalism is the enemy of crypto progress, and I am glad to see fewer people believing this outdated and misinformed notion.”
The Status of XRP
Ripple utilizes XRP for cross-border payments and money transfers. According to CoinDesk, XRP traded at approximately $2.65 after a nearly 10% drop on Monday.
Industry Representation
Garlinghouse stresses that a digital asset reserve must encompass a variety of tokens to avoid disrupting sectoral balance. His perspective suggests that creating representative and fair digital asset reserves would support progress in the industry, respecting the rights of different market participants.
