Key Highlights:
- Ripple’s CEO suggests that U.S. accumulation of XRP could boost adoption and push the token’s price skyward.
- Speculations arise as Ripple’s team reportedly met with Trump officials, possibly lobbying for XRP’s inclusion in a national digital assets stockpile.
Paradisers! Ripple CEO Brad Garlinghouse’s recent comments have ignited speculation that the U.S. government might one day accumulate XRP tokens. Could this signal a bold shift in strategy for the digital economy?
Is the U.S. Eyeing XRP for Its Digital Asset Reserve?
After signing an executive order to create a Presidential Working Group on Digital Assets, President Trump’s administration introduced the idea of a “digital assets stockpile.”
While discussions have primarily revolved around Bitcoin, Garlinghouse’s recent remarks hint at a broader strategy, one that could potentially include XRP.
Ripple has long advocated for clearer crypto regulations and positioned itself as an American-founded blockchain company, a factor that could weigh heavily in its favor. Coupled with ongoing lobbying efforts, speculation is rife that XRP could be among the assets prioritized in a U.S.-led crypto reserve.
Ripple’s Push for Inclusion
Reports suggest that Ripple executives have been in talks with Trump’s administration, further fueling rumors that XRP might play a role in this new initiative.
Garlinghouse himself has denied accusations of trying to derail Bitcoin-focused policies, claiming instead that Ripple supports the broader creation of a crypto strategic reserve that includes multiple assets, Bitcoin included.
But not everyone agrees. Critics like Pierre Rochard allege that Ripple’s lobbying efforts aim to sideline Bitcoin in favor of promoting XRP and other assets tied to its platform.
A Focus on American Innovation
Under Trump’s leadership, the government has hinted at prioritizing American-founded digital assets, including XRP, Solana, and USDC. If true, this focus could give XRP an edge in the market and push its value into higher territory.
Price Predictions: $5 to $20 on the Horizon?
Currently trading at $3.19, XRP is consolidating amidst strong demand. While some enthusiasts dream of a $100 price target, a more realistic forecast for Q1 2025 ranges between $5 and $20, depending on regulatory clarity and adoption trends.
Ripple’s efforts to position itself as an American crypto leader could play a significant role in these developments. Could XRP become the cornerstone of a U.S.-backed digital asset reserve? The coming months will reveal whether speculation turns into reality.