Ripple adds $25M to pro-crypto PAC for 2026 elections

Ripple (CRYPTO:XRP) has announced a $25 million contribution to Fairshake, a political action committee (PAC) supporting pro-crypto candidates in the United States.

Ripple CEO Brad Garlinghouse shared the news on November 26, emphasising the firm’s commitment to backing “pro-crypto, pro-growth, and pro-innovation candidates” in upcoming elections.

This latest contribution adds to Ripple’s previous $45 million donation ahead of the 2024 elections, solidifying its position as one of Fairshake’s largest supporters alongside Coinbase, Jump Crypto, and Andreessen Horowitz.

According to a Fairshake spokesperson, the PAC now holds $103 million to influence the 2026 election cycle.

Fairshake played a significant role in the 2024 primaries and general elections, with two-thirds of its endorsed candidates winning congressional seats.

The PAC supports candidates from both major political parties.

However, the November elections resulted in a Republican trifecta, with the party gaining control of the presidency, Senate, and House of Representatives for the first time since 2017.

Looking ahead, the impact of the Republican majority on crypto legislation remains uncertain.

Analysts speculate that Congress may prioritise bills like the Financial Innovation and Technology for the 21st Century Act and stablecoin regulations.

Fairshake’s focus for the 2026 midterms may depend on the progress of crypto-friendly legislation under the new administration.

Fairshake has already hinted at plans to invest heavily in unseating crypto sceptic Sherrod Brown, the Democratic chair of the Senate Banking Committee, during Ohio’s 2026 Senate race.

While Garlinghouse has expressed optimism about Republican policies, Ripple co-founder Chris Larsen has supported Democratic candidates, contributing $12 million to PACs backing Vice President Kamala Harris.

At the time of reporting, the XRP price was $1.37.