{"id":101445,"date":"2024-11-26T12:25:12","date_gmt":"2024-11-26T16:25:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=101445"},"modified":"2024-11-26T12:25:44","modified_gmt":"2024-11-26T16:25:44","slug":"ripple-donates-25m-to-pro-crypto-pac-fairshake","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ripple-donates-25m-to-pro-crypto-pac-fairshake\/","title":{"rendered":"Ripple Donates $25M to Pro-Crypto PAC Fairshake"},"content":{"rendered":"\n

Ripple CEO Brad Garlinghouse<\/a> has announced that his company will contribute another $25 million to the pro-crypto PAC\u00a0Fairshake.<\/p>\n\n\n\n

\"Ripple<\/figure>\n\n\n\n

Ripple CEO Brad Garlinghouse has announced another significant contribution to the pro-crypto political action committee (PAC) Fairshake as the crypto industry gears up for the 2026 midterm elections.<\/p>\n\n\n\n

Ripple Pledges $25 Million to Fairshake<\/h2>\n\n\n\n

In a post on X, Garlinghouse confirmed Ripple\u2019s additional $25 million donation to Fairshake, calling it \u201cthe most successful multi-candidate, bipartisan Super PAC in American history.\u201d<\/em> <\/p>\n\n\n\n

He emphasized the importance of supporting pro-crypto, pro-growth, and pro-innovation candidates, stating that Ripple\u2019s contribution aims to sustain the PAC\u2019s growing momentum.<\/p>\n\n\n\n

Fairshake<\/a> has recently gained significant traction, particularly after the 2024 elections. The PAC invested over $130 million in more than 50 congressional races, contributing to what is expected to be the most pro-crypto Congress in U.S. history.<\/p>\n\n\n\n

One high-profile example was Ohio\u2019s senatorial race, where pro-crypto candidate Bernie Moreno defeated anti-crypto incumbent Sherrod Brown. <\/p>\n\n\n\n

Meanwhile, Ripple\u2019s earlier $25 million donation to Fairshake in 2024 was also part of an industry-wide initiative to advocate for policies fostering financial innovation in the U.S.<\/p>\n\n\n\n

Ripple\u2019s efforts align with the rise of pro-crypto candidates, including President-elect Donald Trump, whose victory further strengthens the industry\u2019s momentum. <\/p>\n\n\n\n

As the 2026 midterms approach, Ripple appears committed to leveraging this favorable political climate.<\/p>\n\n\n\n

Ripple\u2019s contributions to Fairshake highlight its proactive approach to navigating the evolving political landscape. <\/p>\n\n\n\n

The company is already preparing for the incoming pro-crypto administration by launching innovative projects, such as the first tokenized money market fund on the XRP Ledger (XRPL).<\/p>\n\n\n\n

Stuart Alderoty Comments on Ripple's Support<\/h2>\n\n\n\n

Ripple\u2019s Chief Legal Officer, Stuart Alderoty, also weighed in on the latest contribution via an X post\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n

He noted Ripple\u2019s consistent support for Fairshake, with the company now making its third consecutive annual donation. Alderoty stated, \u201cInnovation is here to stay, and crypto will remain a strong force in DC for years to come.\u201d<\/em><\/p>\n\n\n\n

This statement aligns with reports of the incoming Trump administration\u2019s plans to establish the first-ever White House crypto role<\/a>. <\/p>\n\n\n\n

Among potential candidates for the position are Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong, who has been endorsed by Cardano founder Charles Hoskinson.<\/p>\n\n\n\n

Ripple\u2019s strategic involvement with Fairshake and its broader initiatives signal the company\u2019s commitment to shaping a crypto-friendly future in the U.S.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple CEO Brad Garlinghouse has announced that his company will contribute another $25 million to the pro-crypto PAC\u00a0Fairshake. Ripple CEO Brad Garlinghouse has announced another significant contribution to the pro-crypto political action committee (PAC) Fairshake as the crypto industry gears up for the 2026 midterm elections. Ripple Pledges $25 Million to Fairshake In a post […]<\/p>\n","protected":false},"author":56,"featured_media":101448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[21008,142,20221],"class_list":["post-101445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-brad-garlinghouse-2","tag-ripple","tag-ripple-ceo"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Ripple-Donates-25M-to-Pro-Crypto-PAC-Fairshake.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/101445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=101445"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/101445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/101448"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=101445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=101445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=101445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}