U.S. Treasury Secretary Scott Bessent attended Ripple Swell, sharing the stage with CEO Brad Garlinghouse for the opening. The official messaging emphasized enabling responsible crypto to grow in the United States; mainstream media quoted him saying that “the U.S. needs to win in the digital asset stack and strengthen the dollar.”

That same day, Ripple also announced a package of developments involving institutions such as Robinhood, BNY, and OCC trust banks, which had already been covered separately. Bessent’s appearance felt more like a policy signal: regulators and the Treasury secretary are publicly backing compliant crypto.

For $XRP , the tone is neutral to slightly narrative-driven: sentiment can easily be amplified during the event, but in the short term, what matters is whether price levels and trading volume hold up—not a single speech. My own order is posted below.