Ripple CEO discusses the role of XRP, SOL, and USDC in the US cryptocurrency reserve strategy

Ripple CEO Brad Garlinghouse has reignited discussions about creating US-backed strategic cryptocurrency reserves.

Speaking at CfC St Moritz conferenceGarlinghouse explained how digital assets such as XRP, Solana (SOL), and USDC can play a pivotal role in such reserves. This proposal comes at a time of increasing institutional adoption and regulatory clarity in the United States.

Boost for cryptocurrencies in national reserves

During his appearance at CfC St. Moritz, Garlinghouse joined a panel focused on global adoption of cryptocurrencies and their integration into national financial systems. He highlighted the possibility of cryptocurrencies, especially US-founded assets such as Ripple’s XRP, being included in the government-led reserve.

Source: Brad Garlinghouse trans X

“The way forward is becoming clearer as regulatory frameworks take shape,” Garlinghouse noted. He suggested creating a strategic reserve that includes assets that are scalable and compliant with regulatory rules, such as: XRP It can promote financial stability while encouraging blockchain innovation.

Reports indicate that the proposed US Cryptocurrency Reserve Initiative aims to prioritize domestic digital assets, including Solana and USDC. Proponents believe this strategy could serve dual purposes: advancing blockchain technology and securing economic leadership in the evolving global financial landscape.

BlackRock’s role in institutional adoption

Institutional interest in cryptocurrencies has skyrocketed in the past year, fueled by institutional investors such as BlackRock. Joseph Shalom, managing director of industry heavyweight BlackRock, spoke at the same conference. He stated that the company currently manages $61 billion worth of bitcoin, ether and token assets compared to having no exposure to cryptocurrencies just one year ago.

Ripple CEO Brad Garlinghouse discusses cryptocurrency adoption, strategic reserves and regulatory clarity at the Crypto Finance Conference in St. Moritz.source: Brad Garlinghouse via X

“What we want to achieve is to provide people with exposure to cryptocurrencies not through a single entity but through trusted means,” Chalom explained, stressing the importance of safe and reliable opportunities for blockchain investments.

BlackRock’s pivot into digital assets is in line with the broader push for… Strategic reservesInstitutional participation adds credibility and stability to the market.

State and federal initiatives on cryptocurrency reserves

States like Texas and Oklahoma have already taken steps toward incorporating cryptocurrencies into their reserves. Texas, for example, is advancing legislation through a bill, SB 778, introduced by Sen. Angela Paxton that would create a law. Bitcoin Strategic Reserve. This will make Texas the first state in the United States to legally recognize Bitcoin as a reserve currency.

Whispers at the federal level seem to point to something much larger in scope. According to sources, it appears that the Trump administration will consider creating a national reserve for crypto assets. XRP, Solana, and USDC have reportedly noted the assets in the said proposal, as the use of the asset class is strategically acknowledged.

He remained optimistic about XRP’s role in such plans, stressing scalability and compliance with already existing regulations as key advantages. He believed that such strategic reserves would further strengthen US leadership in the blockchain space while keeping innovation at the forefront of the sector.

The Bigger Picture: A New Era for Cryptocurrencies?

The concept of US-backed cryptocurrency reserves underscores the broader shift toward… Mainstream acceptance Of digital assets. By including blockchain-based assets in national financial systems, the United States may also ensure economic security and position itself as a global leader in terms of technological innovation.

Ripple’s XRP price recently broke the $3 psychological resistance level. source: XRP Liquidity Index (XRPLX) via Brave new coin

With increasing institutional interest and improved clarity of regulations, it has become more understandable Strategic crypto reserves It can be considered a shift from theory to reality. Whether a federal or state-led initiative, the future of cryptocurrencies in national reserves certainly looks bright.

This development represents an important step forward in bridging the gap between traditional finance and blockchain technology, paving the way for… Wider adoption Of cryptocurrencies such as XRP, SOL, and USDC.