XRP in U.S. Crypto Reserve Was Not Trump’s Idea: Here’s The Truth

By: cryptosheadlines|2025/05/09 16:15:02
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com New politico reports suggest that XRP’s inclusion in US President Donald Trump’s proposed Crypto stockpile may not have been his idea. According to emerging sources, lobbyist Brian Ballard allegedly influenced Trump behind the scenes to include XRP in the plan.Was Trump Misled About XRP?In January 2025, President Trump signed an executive order forming the Presidential Working Group on Digital Asset Markets. On March 2, he announced via Truth Social that XRP, Solana, Cardano, Ethereum, and Bitcoin would be part of the official US Crypto Strategic Reserve.Days later, on March 6, Trump issued another executive order establishing a strategic Bitcoin reserve and a US Digital Asset Stockpile for select altcoins. However, reports now claim XRP wasn’t originally part of Trump’s plan and was added due to Ballard’s lobbying efforts.Ripple Lobbying Scandal: What’s the Buzz?Political insiders allege that Brian Ballard, a well-known lobbyist, used his close ties with Ripple to influence the decision. Documents reveal Ballard received at least $60,000 from Ripple in 2024. The move has sparked widespread speculation in both political and crypto circles.While the White House has yet to comment, sources suggest Trump has cut ties with Ballard after realizing he was misled.Will XRP Be Dropped from the Strategic Reserve?Experts believe that while Trump is reportedly unhappy about the situation, he’s unlikely to remove XRP immediately. The president maintains strong ties with Ripple CEO Brad Garlinghouse, who was a major donor to Trump’s campaign and inauguration fund.Also Read : Crypto Market Recovery: Bitcoin Breaks $100K, Ethereum Tops $2K, $800M Liquidation ,XRP Price Performance in 2025January: +46%February: –29.3%March: –2.52%April: +4.98%May (so far): +5.33% to $2.3130-Day Growth: +2.1%24-Hour Surge: +6.3%Despite political turbulence, XRP continues to trade bullishly, suggesting that market confidence remains intact, at least for now.Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.FAQsWill XRP be in the strategic reserve?Yes, despite controversy, XRP is expected to remain due to Trump’s ties with Ripple CEO Brad Garlinghouse.How has the XRP market responded to these developments?XRP’s price remains stable, indicating continued investor confidence despite the political controversy.What price will XRP reach in 2025?The XRP price USD could reach a maximum of $5.81 by the end of 2025.Source link

-- Price

--

You may also like

Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Relive WEEX Crypto Pizza Day in Dubai, where the MENA crypto community gathered at WEEX Dubai Studio to celebrate Bitcoin Pizza Day with pizza, poker, networking, and a live AI trading competition. Discover how WEEX turned a historic crypto milestone into a hands-on AI trading experience.

Why have foreign exchange stablecoins never taken off?

Rather than issuing a local currency stablecoin from scratch, it is better to build a layer of foreign currency pricing on top of a USD stablecoin, allowing users to enjoy the liquidity of the dollar while keeping accounts in local currency.

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

Overview of Important Market Events on May 21

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

DeepSeek Code is coming.

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

SpaceX's public market debut could take place as early as June, making it the first in a series of giant IPOs from AI companies, with OpenAI and Anthropic also waiting for the right moment.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com