XRP & SEC Legal Settlement in the Form of XRP, CEO Predicts BTC to Reach Rp3.35 Billion!

Updated

April 16, 2025

Gambar XRP & SEC Legal Settlement in the Form of XRP, CEO Predicts BTC to Reach Rp3.35 Billion!

Jakarta, Pintu News – Ripple has again caught the attention of the global crypto public with a new development in its legal case with the United States Securities and Exchange Commission (SEC). Ripple CEO, Brad Garlinghouse, revealed that the company is considering settling the legal case with a payment in the form of XRP tokens.

At the same time, Garlinghouse expressed an optimistic view of the future of Bitcoin , predicting that the price of BTC could reach USD 200,000 or around Rp3.35 billion in the near future.

Ripple and Potential Legal Settlements with XRP

In an April 11 interview with Fox Business, Brad Garlinghouse stated that Ripple is open to the possibility of settling its legal case with the SEC using XRP as a means of payment. He mentioned that the settlement value being discussed is around USD 50 million, and that the US government might receive compensation in the form of the token.

Garlinghouse emphasized that this deal reflects a significant change in the regulator’s approach to the blockchain industry. He explained that Ripple had previously set up USD 125 million in escrow, but will retain the majority of these funds under the proposed deal. The settlement is still awaiting final approval from the SEC commissioners.

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A More Conducive Regulatory Environment for Crypto

Ripple’s CEO described the shift in leadership at the SEC and the White House as a factor driving a more innovation-friendly policy direction. He mentioned that the US now presents “tailwinds” that support the growth of the crypto industry, as opposed to the previous “headwinds”.

Garlinghouse’s statement marks a significant change in attitude from US regulators, who previously questioned XRP’s status as a security. With a more stable and pro-innovation atmosphere, Ripple feels better equipped to expand its operations in the United States. It also reflects that blockchain companies can now look forward to more constructive interactions with regulators in the future.

Bitcoin Price Prediction Reaches USD 200,000

In addition to the update on the Ripple case, Garlinghouse also gave a bullish outlook on the cryptocurrency market in general. He specifically shared a prediction that Bitcoin could reach USD 200,000 (approximately Rp3.35 billion) thanks to the impact of increasingly supportive regulations and increased institutional adoption.

Although he was reluctant to give a prediction for XRP due to conflict of interest reasons, he did not hesitate to mention that Bitcoin’s price is still highly underestimated by the market at the moment. He responded to projections from Charles Hoskinson-founder of Cardano-that BTC could reach USD 250,000, and stated that the USD 200,000 target is very reasonable.

According to Garlinghouse, a major change in the US government’s approach to digital assets will be a key driver of the price surge. He believes that the market has yet to fully appreciate the significance of the policy shift from denial to support of the crypto industry.

Conclusion

Ripple’s CEO’s statement reflects renewed optimism in a cryptocurrency industry that has been under regulatory pressure. The discourse of settling legal cases using XRP is not only symbolic of Ripple’s belief in the value of its token, but also a signal that supportive regulation could pave the way for long-term growth. Meanwhile, Bitcoin’s ambitious price predictions further reinforce the narrative that the crypto market is entering a new phase of greater maturity and potential.

Also Read: XRP: Key to the Future of Global Financial Infrastructure

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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