Ripple CLO: 67M US crypto holders outnumber dog owners

Ripple Chief Legal Officer (CLO) Stuart Alderoty has argued in an op-ed that politicians should not ignore the growing cryptocurrency constituency. According to U.Today, Alderoty stated that 67 million U.S. adults now own cryptocurrency, equivalent to one in four people. He noted that this figure surpasses the number of dog owners, making crypto holders one of the largest voting blocs in the United States. Alderoty added that 12 million new American investors have entered the crypto market over the past year. He also pointed out that, contrary to common stereotypes, 42% of these owners are women, with increasing adoption among the middle and working classes. He emphasized the need to pass the CLARITY Act, not to endorse any specific cryptocurrency, but to establish standard consumer protections and foster innovation.