Ripple CEO Brad Garlinghouse praised Treasury Secretary Scott Bessent on Oct. 27 after Bessent joined him to open Ripple’s Swell conference. Garlinghouse credited Bessent and the current administration with helping the U.S. crypto industry develop. He also highlighted final approval for Ripple National Trust Bank, but the excerpt gives no details about that approval.
Garlinghouse pointed to Ripple Treasury’s 24/7 Returns feature, introduced Oct. 26. It is designed to generate returns for eligible corporate customers on qualifying digital assets, including Ripple USD, held in a Ripple wallet; participation is subject to program requirements.
