Key facts
- XRP celebrated its 14th anniversary on June 2.
- Ripple announced an expanded Washington D.C. office on June 2.
- The expansion aims to strengthen engagement with U.S. policymakers.
XRP celebrated its 14th anniversary on June 2, coinciding with Ripple's announcement of an expanded Washington D.C. office. The expansion aims to bolster engagement with U.S. policymakers on digital asset regulation. Executives reflected on XRP's origins and community, with the anniversary tied to an early 2012 code change defining its fixed supply.
XRP marked its 14th anniversary on June 2, with Ripple executives and community figures reflecting on the asset's origins. This milestone coincides with Ripple's announcement of an expanded Washington D.C. office, aimed at strengthening engagement with U.S. policymakers regarding digital asset regulation. David Schwartz, Ripple's former CTO, highlighted the anniversary as a community achievement, while CEO Brad Garlinghouse expressed his honor in being part of the 'XRP family.' The anniversary specifically refers to an early code change in the rippled repository on June 2, 2012, which defined the fixed supply of 100 billion XRP. Ripple's Chief Legal Officer, Stuart Alderoty, stated that the expanded D.C. presence reflects the company's commitment to constructive engagement, regulatory clarity, and U.S. leadership in financial innovation, particularly during a 'defining moment' for digital asset policy. The company views the new office as a hub for policy engagement and stakeholder convening. At press time, XRP was trading at $1.24.
The expansion of Ripple's DC office underscores its commitment to influencing U.S. digital asset policy, while the XRP anniversary highlights the asset's longevity and ongoing community support in a rapidly evolving crypto landscape.