隨著波紋和美國證券交易委員會的持續法律傳奇，世界正在等待著呼吸

Ripple在美國證券交易委員會（SEC）正在進行的法律傳奇已經在加密貨幣市場上發動了衝擊波

The world is holding its breath as the dust settles on Ripple’s legal saga with the U.S. Securities and Exchange Commission (SEC). The saga, which has already sent shockwaves through the crypto market, appears to be nearing its end, with recent developments adding a surprising twist.

隨著塵埃與美國證券交易委員會（SEC）的合法傳奇固定在Ripple的法律傳奇中，世界正在屏住呼吸。該傳奇已經通過加密市場造成了衝擊波，似乎正在結束，最近的發展帶來了令人驚訝的轉折。

As part of the settlement, Ripple is expected to pay the SEC’s $50 million fine. However, a suggestion has been made that this payment could be made in XRP—a move that would have massive implications for the U.S. government’s digital asset stockpile.

作為和解的一部分，Ripple預計將支付SEC的5000萬美元罰款。但是，已經提出了可以在XRP中進行這項付款的建議，這一舉動對美國政府的數字資產庫存具有巨大影響。

During a recent FOX Business interview with Brad Garlinghouse, Ripple’s CEO, the company revealed that it is in discussions with the SEC about paying the fine in XRP. This would be a significant shift, as it’s expected that the payment would typically be made in fiat currency.

在Ripple的首席執行官Brad Garlinghouse最近對FOX的商業採訪中，該公司透露，它正在與SEC討論有關在XRP中支付罰款的討論。這將是一個重大轉變，因為預計付款通常會以法定貨幣進行。

However, Garlinghouse dropped a bombshell when he mentioned that XRP could be used to settle the agreed fine of $50 million. This suggestion stems from a ruling in August 2024 by Judge Analisa Torres, who ordered Ripple to pay $125 million for violating securities laws by offering XRP to institutional clients without proper registration.

但是，加林豪斯（Garlinghouse）提到XRP可以用來解決5000萬美元的商定罰款時，放下了重磅炸彈。這一建議源於2024年8月Analisa Torres於2024年8月的一項裁決，後者下令Ripple通過在未經適當註冊的情況下向機構客戶提供XRP來支付違反證券法的1.25億美元。

After the ruling, Ripple immediately complied with the court order and deposited the entire sum of $125 million into an interest-bearing account to await the legal proceedings.

裁定後，Ripple立即遵守法院命令，並將全部1.25億美元的款項存入了一個攜帶利息帳戶，以等待法律訴訟。

Now, with the SEC shifting its enforcement priorities, it appears that Ripple and the SEC are finally nearing a settlement. The SEC has agreed to drop its appeal of the case and will reduce the fine to $50 million, while also lifting the permanent injunction that was part of the original ruling.

現在，隨著SEC遷移其執行優先事項，Ripple和SEC似乎終於接近解決方案。 SEC已同意放棄對案件的上訴，並將將罰款減少到5000萬美元，同時也取消了原始裁決的永久禁令。

But the real drama lies in how Ripple will pay this fine—and whether XRP will play a role.

但是真正的戲劇在於波紋將如何支付這個罰款，而XRP是否會發揮作用。

The U.S. government is currently building a digital asset stockpile as part of a broader initiative to manage and integrate digital assets. Former President Trump included this initiative in one of his final executive orders, aiming to create a Bitcoin-only reserve and a stockpile of various altcoins. Trump had also mentioned XRP as one of the cryptocurrencies that could be included in this stockpile.

美國政府目前正在建立數字資產庫存，這是一項更廣泛的管理和整合數字資產的計劃的一部分。特朗普前總統將這項倡議包括在他的最終執行命令中，旨在創建僅比特幣的儲備和各種山寨幣的庫存。特朗普還提到XRP是可能包括在此庫存中的加密貨幣之一。

The government is already collecting forfeited assets, such as Bitcoin and Monero, for this initiative. According to the latest data from the U.S. Department of Justice (DOJ), the feds have seized more than $16 billion in cryptocurrencies over the past year.

為此，政府已經收集了沒收的資產，例如比特幣和Monero。根據美國司法部（DOJ）的最新數據，美聯儲在過去一年中佔領了超過160億美元的加密貨幣。

The government’s blockchain wallet currently holds over $16 billion in cryptocurrencies, including heavyweights like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Binance Coin (BNB). Notably absent from this inventory is XRP.

政府的區塊鏈錢包目前持有超過160億美元的加密貨幣，包括比特幣（BTC），以太坊（ETH），Tether（USDT）和Binance Coin（BNB）等重量級人物。顯著的庫存缺少是XRP。

However, if Ripple settles its fine with the SEC using XRP, the government could finally add XRP to its growing digital asset inventory. This is because the government typically accepts forfeited assets for its digital asset stockpile.

但是，如果Ripple使用XRP在SEC方面罰款，政府最終可以將XRP添加到其不斷增長的數字資產庫存中。這是因為政府通常接受其數字資產存儲的沒收資產。

The Executive Order specifies that the funds for the digital reserve must come from civil and criminal forfeitures—meaning that XRP, if used for this settlement, could be seen as part of this larger initiative.

行政命令規定，數字儲備金的資金必須來自民事和刑事沒收，這意味著，如果用於此和解的XRP，則可以將其視為這項較大倡議的一部分。

This news is significant not just for Ripple, but for the entire crypto market. While the details still need to be finalized, Ripple’s potential settlement in XRP raises a huge question: Could the U.S. government’s acceptance of XRP signal a shift toward broader institutional adoption of the digital asset?

這個消息不僅對波紋，而且對於整個加密貨幣市場都重要。儘管細節仍需要完成，但Ripple在XRP中的潛在解決方案提出了一個巨大的問題：美國政府接受XRP是否會向更廣泛的機構採用數字資產的轉變？

XRP’s role in the market has always been controversial. Despite being a leader in the cross-border payment sector, it has faced regulatory hurdles and uncertainty about its status as a security. But now, the U.S. government’s possible inclusion of XRP in its digital reserves would add another layer of legitimacy to the coin and could have far-reaching implications for XRP’s future price and regulatory landscape.

XRP在市場中的作用一直存在爭議。儘管是跨境支付部門的領導者，但它仍然面臨監管障礙和對其作為安全狀況的不確定性。但是現在，美國政府可能將XRP納入其數字儲備將為硬幣增加另一層合法性，並可能對XRP的未來價格和監管環境具有深遠的影響。

As SEC commissioners prepare to vote on the final terms of the settlement, the world is watching closely. If the proposal for paying the fine in XRP is accepted, Ripple’s payment will be a monumental moment in crypto history. Will this be the tipping point for XRP’s journey into mainstream acceptance? And, perhaps most importantly, will Ripple’s fine ultimately find its way into the hands of the U.S. government’s digital asset stockpile?

當SEC專員準備就和解的最終條款進行投票時，全世界都在密切關注。如果接受XRP罰款的提議，那麼Ripple的付款將是加密歷史上的巨大時刻。這將是XRP進入主流接受度的轉折點嗎？而且，也許最重要的是，Ripple的罰款最終會融入美國政府數字資產庫存的手中嗎？

Time will tell, but one thing is for sure: this saga is far from over.

時間會說明，但是可以肯定的是：這個傳奇還遠遠沒有結束。