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Cryptocurrency News Articles

Can Ripple (XRP) Token Become a Prominent Crypto in the U.S. Reserve?

Jan 25, 2025 at 05:15 am

Working Money Channel on YouTube made a video to discuss Ripple's XRP and its potential strategic importance in the United States' cryptocurrency landscape.

Can Ripple (XRP) Token Become a Prominent Crypto in the U.S. Reserve?

A recent video by Working Money Channel on YouTube examines the potential significance of Ripple’s XRP token in the United States’ cryptocurrency landscape. The video features insights from Vincent Van Code and explores the possibility of XRP becoming a key component in a national digital asset stockpile.

Following the Trump administration's executive order, the U.S. is positioned to potentially become the global capital for cryptocurrency. There is speculation regarding a strategic digital asset stockpile that could prominently feature Bitcoin and XRP. Vincent Van Code highlights a curious market dynamic: a thin order book, which he describes as the "calm before the storm."

XRP is notably the largest U.S.-made cryptocurrency by market capitalization. Unlike Bitcoin and Ethereum, which are not based in the U.S., XRP stands out in CoinMarketCap’s “Made in USA” category. This unique positioning may be crucial in national digital asset strategies.

President Trump's executive order aims to transform the U.S. into the crypto capital of the world. The focus is on creating a regulatory framework that encourages innovation while keeping the cryptocurrency industry onshore. There is particular interest in developing solutions like a digital dollar to extend U.S. dollar dominance internationally.

Vincent Van Code presents a provocative hypothesis: the U.S. government might acquire XRP’s escrow and potentially peg its price at $100 or even $1,000. This speculation suggests XRP could transform into a global reserve currency. The theory implies that high XRP prices would prevent any single entity from gaining majority control.

Advocates emphasize XRP’s real-world utility and its potential in U.S.-backed initiatives. The cryptocurrency’s robust custody services and strategic positioning make it an attractive option for national digital asset considerations. The video suggests that XRP is not just another cryptocurrency, but a potentially critical component of future digital financial strategies.

The Working Money Channel's analysis has several implications. XRP’s status as a U.S.-made cryptocurrency enhances its potential for inclusion in a national digital asset reserve. Speculative insights suggest Ripple’s escrow and potential strategic government use could significantly drive its adoption and valuation.

While these remain speculative theories, they underscore the growing complexity and potential of cryptocurrencies in national economic strategies. The future of XRP and its role in the U.S. digital asset landscape continues to be a topic of fascinating discussion and anticipation.

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Other articles published on Jan 26, 2025