Ripple CEO Brad Garlinghouse stated that the legal battle with the SEC has effectively ended as the SEC has agreed to drop its appeal against the ruling that XRP is not a security.
Ripple is discussing the return of a $125 million fine imposed by the court for sales of XRP to certain institutional investors.
Garlinghouse believes XRP could be included in the new US Crypto Stockpile, a federal initiative aimed at stockpiling seized cryptocurrencies.
Ripple CEO expressed optimism about the potential launch of spot XRP exchange-traded funds (ETFs) and mentioned the possibility of Ripple going public through an IPO.