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The XRP community is buzzing! Ripple CEO is hailed as the "Steve Jobs of the encryption world" as he fights against the unfair SEC regulations.
Encryption lawyer Dighton praises: Ripple CEO is the "Steve Jobs of the encryption world"
Ripple CEO Brad Garlinghouse recently received high praise from one of his most outspoken allies, cryptocurrency lawyer John Deaton. Deaton is known for steadfastly representing the interests of XRP holders in Ripple's long legal battle with the U.S. Securities and Exchange Commission (SEC). In this instance, he publicly endorsed Garlinghouse as the top candidate for the title of "the Steve Jobs of the encryption industry."
This statement stems from a question on social media about who in the encryption currency field can be compared to the late Apple founder. Deaton nominated two encryption industry leaders: Ripple CEO Brad Garlinghouse and CEX CEO Brian Armstrong, believing that they both deserve to be called leading figures of this title.
Although Dutton did not specify the criteria for selection, the implication is clear: both CEOs have demonstrated outstanding leadership under a rigorous legal regulatory environment and have persistently pushed for the clarification of the U.S. encryption regulatory framework.
Strong Legal Alliance and Political Endorsement
Denton's support for Garlinghouse dates back to the early Ripple lawsuit. In 2021, he submitted an "Amicus Brief" to the court on behalf of XRP holders, defending the community's interests in court.
This legal battle has consolidated the alliance between both parties and continues to this day. In return, Garinhaus has also publicly supported Deaton's campaign for the U.S. Senate, challenging the current senator Elizabeth Warren with political action.
It is worth noting that Brian Armstrong also provided support for Deaton's political campaign. Both Garlinghouse and Armstrong have had high-profile legal confrontations with the SEC, and now they are actively influencing the formulation of U.S. cryptocurrency policy through a dual effort of business and politics.
Reports indicate that their company has recently provided funding support to U.S. President Donald Trump's campaign, marking an increasing involvement of the encryption industry in Washington political lobbying.
Robinhood CEO unexpectedly makes the list
In a subsequent post, Deaton added a third candidate to his encryption leaders list: Robinhood CEO Vlad Tenev. He acknowledged that Tenev should have been included from the very beginning.
This supplement stems from criticism by a cryptocurrency user named Dave. Dave believes that Deaton's initial choice is debatable, pointing out that Ripple has yet to demonstrate strong Product-Market Fit and lacks the clear direction needed to compete with top FinTech giants.
Dave claims that despite Ripple having many promising business modules, it has yet to effectively integrate them. His remarks reiterate old concerns about the Ripple business model, even as the company continues to push forward with its cross-border payment services.
Ripple advances RLUSD stablecoin, targeting the blue ocean of cross-border payments
Despite facing criticism, Ripple has not slowed down. The company is actively expanding its range of services. Recently, Ripple announced its plan for the stablecoin RLUSD, which aims to enhance the efficiency of global remittances.
Ruihu aims at a huge market with a scale of $685 billion and firmly believes this is a significant opportunity for further in-depth exploration of the international payment field and to seize market share in encryption payment solutions.