Discussions are intensifying around the potential inclusion of cryptocurrencies like XRP in a U.S. digital asset reserve, particularly following signals of support for blockchain innovation from former President Donald Trump.
A newly formed task force, set to deliver a framework for digital assets within six months, has reignited interest in how cryptocurrencies might play a role in addressing national economic challenges.
Trump’s previous proposals to leverage Bitcoin as a strategic reserve asset have now expanded speculation to other tokens, including XRP and Solana. Some experts believe a diverse crypto reserve, focusing on assets tied to American innovation, could serve the national interest. Entrepreneur Max Avery has voiced support for such an initiative, emphasizing the complementary roles of Bitcoin and XRP’s ledger in a multi-asset reserve strategy.
However, to become a meaningful part of a national reserve, XRP would need to see a significant increase in value. Analysts have raised questions about the token’s current market position and whether its valuation could rise enough to make a notable impact on the U.S. debt.
Ripple, which holds nearly $38 billion worth of XRP in escrow—around 37.7% of the token’s total supply—has been proposed as a potential source for a national reserve. Some suggest the U.S. government could access these holdings to create an XRP reserve without requiring direct financial outlays.
While XRP currently trades around $3.12 and holds steady above key moving averages, it faces strong resistance at $3.30. If adopted into a national reserve framework, the token’s value and utility could experience dramatic shifts, underscoring its potential to play a larger role in economic strategy.
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]
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