Ripple CEO: Pro-crypto candidates won in both parties, and the industry will not leave the United States.

Ripple CEO Brad Garlinghouse said pro-crypto candidates won on both sides of the U.S. midterm ballot and that the roughly 67 million Americans using crypto will not leave the country, urging the new Congress to deliver clear rules and keep building in the U.S. The 67 million figure comes from a May 13 National Cryptocurrency Association report conducted with Harris Poll, which found about one in four U.S. adults hold crypto, up from one in five a year earlier; NCA chairman and Ripple chief legal officer Stuart Alderoty credited the wins to years of spending by super PAC Fairshake and grassroots groups, with Stand With Crypto early data showing large numbers of pro-crypto lawmakers elected in both parties. Ripple added a third $25 million contribution to Fairshake in November 2024. Alderoty said clear digital-asset rules were never a single-election-cycle matter and that he expects to work with both parties. The results matter because they signal bipartisan political backing for crypto ahead of rulemaking, and the next things to watch are the new Congress's legislative agenda on digital-asset rules and how Fairshake and Stand With Crypto deploy their resources.