Ripple CEO supports David Sacks being appointed as White House "Crypto Czar"

The leadership of Ripple supports David Sacks in leading the Trump administration's work in the field of cryptocurrency and artificial intelligence (AI). Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty expressed their appreciation for this move on social media platform X, emphasizing that it aligns with innovation-friendly policies.

Brad Garlinghouse said: "Congratulations to David Sacks on his appointment - he is well-versed in technology, more importantly, he will drive President Trump's crypto and AI innovation plan. Dream team!" Possibly influenced by this, XRP once again rose above $2.5, surpassing Tether to return to third place in terms of market value among cryptocurrencies.