Ripple is close to resolving its legal dispute with the US Securities and Exchange Commission (SEC) after a lengthy battle. In the settlement talks, it has been revealed that Ripple might pay a reduced $50 million fine using its XRP token.

During an interview on FOX Business, Ripple CEO Brad Garlinghouse mentioned the possibility of settling the penalty in XRP, with the SEC set to receive $50 million. Both Ripple and the SEC have agreed to drop their appeals, moving towards resolving the case that began years ago.

The original fine imposed by Judge Analisa Torres was $125 million for Ripple's XRP sales to institutional investors. Due to the appeals process, this amount has now been reduced to $50 million. A joint court filing confirmed that a preliminary agreement has been reached, awaiting final approval from the SEC's commissioners.

The conclusion of this legal battle could mark a significant moment in crypto regulatory history, with the potential use of XRP for settlement indicative of a changing approach by the SEC towards digital assets. This shift could lead to a positive impact on XRP's value and overall market sentiment, as investor confidence has been growing since 2024, partly due to a more favorable political environment and the potential reclassification of XRP as a commodity.