Trump is reportedly talking to Ripple about interest in XRP, USDC, and Solana for the US National Reserve
President-elect Donald Trump The company is said to be exploring listing US-developed cryptocurrencies such as Ripple XRP and Solana In his proposed national cryptocurrency reserve, New York Post I mentioned On January 16, citing internal sources.
This step is in line with his campaign pledge to establish Bitcoin Reserve along with other potential cryptocurrency-focused policies to boost the US digital economy.
A broader approach
While Trump’s campaign has prominently highlighted Bitcoin, recent reports suggest he may also prioritize assets with US origins.
This speculation increased after meetings between Trump and leaders of Ripple and other cryptocurrency projects. Ripple executives, including CEO Brad Garlinghouse, were recently in a meeting Special dinner Trump hosted him at his Mar-a-Lago residence.
According to the report, the inclusion of digital assets such as XRP, USDC, and Solana will reflect Trump’s commitment to promoting American innovation and is consistent with his “America First” approach, which emphasizes promoting domestically manufactured products.
However, some insiders warn that such a move could shift attention away from Bitcoin, which has been the main focus Trump’s election promises. Critics argue that expanding the reserve to include multiple assets could weaken Bitcoin’s position as the dominant digital currency in American politics.
During his election campaign, Trump outlined plans to make the United States a global leader in Bitcoin adoption. This included plans to boost Bitcoin mining capabilities domestically and introduce a strategic national reserve housing the best cryptocurrencies.
Industry reaction
The possibility of prioritizing US digital currencies has sparked controversy within the cryptocurrency community.
Advocates of assets like Solana and XRP see this as a major win for US blockchain projects. However, others remain unconvinced.
David Bailey, CEO Bitcoin Magazine And a A prominent player in Trump’s embrace of BitcoinShe rejected the reports as baseless Saying:
“Fake news. You can also name the coin Ripple Kamala.”
On the other hand, Alexander Greif, a government affairs expert at… modelHe urged the public to treat such claims with skepticism unless confirmed by Trump or his administration.
Be sad male:
“There will be many stories in the next four years about what President Trump does/doesn’t think, things he allegedly ‘accepts’ etc. View such stories with skepticism until they come from him or his staff.”
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2025-01-16 17:56:00