Ripple Shifts Gears After Reaching SEC Settlement

Ripple has entered a new chapter after resolving its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). CEO Brad Garlinghouse revealed the settlement in an interview with Fox Business, highlighting Ripple’s willingness to move forward. The company will pay $100 million to settle the case, potentially using XRP for payment. This signifies a significant step towards official cryptocurrency acceptance and could open doors for Ripple’s future ventures.