Ripple and XRP's Role in U.S. Strategic Bitcoin Reserve Debate

Total MarketCap:$3,489.18B-0.89%

24H Vol:$152.28B

BTC:

sat/vB

API

Light

Install App

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research

Updated 1 hour ago

SoSo Daily May 14 | Bitcoin Spot ETF saw a total net outflow of 96.14M USD yesterday, with none of the twelve ETFs experiencing a net inflow

00:00 / 00:00

Al-Driven Crypto Investment Research Revolution

Scan QR Code to Explore more key information

https://sosovalue.com/chat

To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.

AmbCrypto

493Words

Jan 25, 2025

Ripple and $XRP are at the center of a debate regarding their impact on a potential U.S. strategic Bitcoin reserve. $XRP has significantly outperformed Bitcoin, but the likelihood of a U.S. reserve including $XRP is low. The crypto community is divided, with some alleging Ripple undermines a U.S. $BTC reserve. Former President Trump had initiated steps for a national digital asset stockpile, which could include various cryptocurrencies. Ripple, Kraken, and Circle are competing for influence in the proposed Trump Crypto Council. Critics argue $XRP's centralized supply disqualifies it as a reserve asset. Political ties of Ripple's leadership are also under scrutiny. Despite these controversies, $XRP continues to perform well against Bitcoin.