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Market News

Ripple CEO Brad Asks IMF If They Hold XRP: A Fact Check

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published April 9, 2025 1:06 PM·Updated 2 years ago
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Ripple CEO Brad Asks IMF If They Hold XRP? A Fact Check

The crypto world is buzzing after a video of Ripple CEO Brad Garlinghouse asking the International Monetary Fund (IMF) if they’ll hold XRP went viral on X and other platforms. 

Shared by a Twitter user named Xaif and other users, the clip supposedly shows Garlinghouse questioning IMF’s Ross Leckow at the Singapore Fintech Festival, hinting at a “grand plan” that could boost XRP’s price. The XRP Army is ecstatic, believing this could be a game-changer for Ripple and crypto adoption. 

Posts claim Leckow’s cautious response and Garlinghouse’s follow-up—“he looked speechless”—suggest the IMF might be warming up to digital assets, especially with the U.S. creating a Bitcoin reserve.

The story gained traction over two days, with many on X and in crypto circles sharing the video, arguing that it signals big moves for XRP. Garlinghouse also reportedly praised XRP’s speed and role in financial inclusion, contrasting it with Bitcoin’s limitations.

The buzz feels real, but here’s the catch—this isn’t breaking news. The video making rounds is legit, just not recent. It’s from 2018, shot at the Singapore Fintech Festival, not from any event in 2025.

The clip shows Garlinghouse asking, “Do you see the IMF holding crypto assets in the future? Oh, they’re over here—that’s easier. You had to take one, go for it. The first one’s for you, IMF. Do you see the IMF holding crypto assets in the future? I did not put that up there.” Leckow’s response clarified the IMF’s legal restrictions, but there’s no new development here.

The news circulating and the video that everyone is mentioning state that the ‘Ripple CEO asked IMF if they hold XRP,’ but the actual video stated ‘if IMF holds crypto assets.’

The video is resurfacing now—right when markets are shaky and Ripple just secured a legal win against the SEC. It feels more like an attempt to build hype than to share actual news.

There’s been no official word from Ripple, the IMF, or the festival itself confirming anything recent. So, while it’s a cool throwback, don’t mistake it for a current update. 

Also Read: Fact Check: Did BlackRock Discuss an XRP ETF With the SEC?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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