A proposal suggesting XRP as a strategic financial asset has been submitted to the US Securities and Exchange Commission (SEC).

The SEC often receives unsolicited proposals from individuals or entities, but these do not automatically lead to action.

A proposal suggesting XRP as a strategic financial asset has been submitted to the U.S. Securities and Exchange Commission (SEC).

The SEC often receives unsolicited proposals from individuals or entities, which do not necessarily lead to any action by the commission.

The document, seen by Blockworks, suggests how the U.S. could use XRP to unlock liquidity and potentially secure a substantial Bitcoin reserve.

The proposal’s author, Maximilian Staudinger, suggests a structured approach to President Donald Trump’s crypto reserve initiative, which was first announced in April.

Staudinger’s strategy places Bitcoin at the core of the U.S. reserve while including Solana and Cardano within government applications.

He claims that while these blockchains enhance security and efficiency in state operations, XRP remains the key asset for financial transactions.

“Solana and Cardano should be integrated into U.S. digital infrastructure, but not included in the reserve strategy. Instead, they enhance efficiency and security for state applications, while XRP remains the key asset for financial transactions,” Staudinger wrote.

Considering this, Staudinger asserts that integrating XRP into the traditional financial system would release capital tied up in Nostro accounts. These accounts facilitate cross-border transactions and collectively hold $27 trillion.

Out of this sum, approximately $5 trillion belongs to the U.S., which could be used to acquire Bitcoin, according to Staudinger. He estimates that XRP could release around $1.5 trillion in liquidity from U.S. banks, enabling the acquisition of 25 million BTC at a price of $60,000 per coin.

However, this suggestion contradicts Bitcoin’s fixed 21 million supply cap, which has been a subject of discussion since the proposal was submitted.

Beyond liquidity, the proposal claims that shifting financial transactions to XRP could generate up to $7.5 billion in annual savings on transaction fees. It also suggests that XRP could streamline government payments, including IRS tax refunds and Social Security distributions.

Despite its ambitious vision, the proposal recognizes that XRP’s regulatory status remains a critical barrier.

Staudinger calls for the SEC to officially classify XRP as a payment asset rather than a security and urges a resolution in the agency’s ongoing legal battle with Ripple.

He also suggests that the Department of Justice (DOJ) lift restrictions preventing banks from utilizing XRP-based solutions. To fast-track adoption, he proposes a presidential executive order to override regulatory barriers.

Meanwhile, the document outlines two potential timelines: a standard two-year implementation period and an expedited six- to twelve-month plan.

The latter would require immediate regulatory approvals, fast-tracked government XRP trials, and mandates for banks to integrate XRP as a liquidity tool.

It’s important to note that independent proposals, like Staudinger’s, generally carry little weight unless they are backed by strong industry support or policy interest.

If a proposal comes from a major financial institution, regulatory body, or industry group, it is more likely to be reviewed seriously.