XRP在美國數字資產中的作用庫存

這些事態發展是在美國證券交易委員會（SEC）駁回其針對Ripple的訴訟之後的，這是一個重大的里程碑

The U.S. Securities and Exchange Commission’s (SEC) dismissal of its lawsuit against Ripple is a major milestone for both the company and the XRP token. As the case comes to a close, speculation is swirling about what lies ahead for Ripple, especially with regards to an XRP ETF and the cryptocurrency’s role in the U.S. digital asset strategy.

美國證券交易委員會（SEC）駁回其針對Ripple的訴訟是該公司和XRP令牌的主要里程碑。隨著案件結束，人們對Ripple的未來情況發生了猜測，尤其是關於XRP ETF以及加密貨幣在美國數字資產策略中的作用。

During a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse shed light on these developments and discussed the broader implications for the cryptocurrency industry.

Ripple首席執行官Brad Garlinghouse在最近接受彭博社的採訪中闡明了這些事態發展，並討論了對加密貨幣行業的廣泛影響。

XRP’s Role in the U.S. Digital Asset Stockpile

XRP在美國數字資產中的作用庫存

Garlinghouse touched upon President Donald Trump’s recent executive order, which established a Strategic Bitcoin Reserve and a broader digital asset stockpile. While XRP was not directly mentioned in the official order, Trump’s statements on Truth Social indicated that it will also be included in the U.S. digital asset reserve.

加林豪斯（Garlinghouse）談到了唐納德·特朗普（Donald Trump）總統最近的行政命令，該命令建立了戰略性比特幣儲備金和更廣泛的數字資產庫存。儘管官方命令中沒有直接提及XRP，但特朗普對真相社會的陳述表示，它也將包括在美國數字資產儲備中。

“XRP was named by the President of Truth Social. (He said) there’s gonna be a Bitcoin strategic reserve and a crypto stockpile that will include things like XRP,” Garlinghouse stated.

加林豪斯說：“ XRP由真理社會總統命名。

The Ripple CEO suggested that the U.S. government could acquire XRP for its reserve through seized digital assets or by purchasing it directly from exchanges. However, the specifics of how the stockpile will be funded and maintained remain unclear.

Ripple首席執行官建議，美國政府可以通過查獲的數字資產或直接從交易所購買其儲備金來為其儲備收購XRP。但是，如何資助和維持庫存的細節尚不清楚。

Garlinghouse highlighted that XRP’s rapidly growing institutional adoption, evident in partnerships with major financial institutions and increasing liquidity in offshore markets, strengthens its case for inclusion in the U.S. digital asset strategy.

Garlinghouse強調，XRP迅速發展的機構採用率在與主要金融機構的合作夥伴關係中顯而易見，並增加了離岸市場的流動性，這加劇了其將其納入美國數字資產戰略的案例。

Moreover, he pointed out that the SEC is already familiar with XRP, having no issues with its use in cross-border payments and other financial transactions. This factor could be beneficial in securing swift approval for an XRP ETF.

此外，他指出，SEC已經熟悉XRP，在跨境支付和其他金融交易中沒有任何問題。該因素可能有益於獲得XRP ETF的快速批准。

SEC clarifies XRP’s role as vital for state financial transactions, government payments, and interbank liquidity in the U.S. reserve strategy. Source: James Miller via X

SEC闡明了XRP在美國預備役戰略中對國家金融交易，政府支付和銀行間流動性至關重要的作用。資料來源：詹姆斯·米勒（James Miller）通過X

XRP ETF on the Horizon

XRP ETF在地平線上

With regulatory hurdles now largely behind Ripple, Garlinghouse is optimistic about the approval of an XRP ETF by the second half of 2025. He also added that more than ten firms, including Bitwise and Franklin Templeton, have already filed with the SEC before.

由於現在的監管障礙現在主要落後於Ripple，Garlinghouse在2025年下半年之前對XRP ETF的認可感到樂觀。

“I have immense belief in the ETFs,” Garlinghouse said, referencing the XRP exchange-traded products’ success around the world.

“我對ETF有著巨大的信念，”加林豪斯（Garlinghouse）指出了XRP交易所產品在世界各地的成功。

It could radically improve investor demand and access by launching an XRP ETF in the U.S., in the footsteps of Bitcoin and Ethereum ETFs.

它可以通過在比特幣和以太坊ETF的腳步中推出XRP ETF來從根本上改善投資者的需求和訪問。

But market commentators believe the SEC’s decision to dismiss its case against Ripple will likely accelerate the approval of ETH ETFs.

但是市場評論員認為，SEC駁回其針對Ripple的案件的決定可能會加速ETH ETF的認可。

The commission will likely address pending requests by May 2025 with speculation of over one XRP ETF to be approved by May 22.

該委員會可能會在2025年5月之前解決未決的請求，並猜測將在5月22日之前批准一個XRP ETF。

Ripple CEO Brad Garlinghouse expects an XRP ETF by 2025. Source: Amelie via X

Ripple首席執行官Brad Garlinghouse期望到2025年XRP ETF。資料來源：Amelie通過X

XRP Surges in Market Rankings

XRP在市場排名中激增

Amid growing anticipation for an ETF and a more favorable regulatory environment, XRP has experienced a sharp price rally. Over the past 24 hours, XRP surged 11% to surpass $2.51, cementing its position as the third-largest cryptocurrency by market capitalization, only trailing Bitcoin (BTC) and Ethereum (ETH).

在人們對ETF和更有利的監管環境的期望日益增長的期望之中，XRP經歷了巨大的價格集會。在過去的24小時內，XRP飆升了11％，超過2.51美元，鞏固了其作為市值的第三大加密貨幣的地位，僅落後比特幣（BTC）和以太坊（ETH）。

XRP was trading at around $2.42 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

XRP在發稿時的交易價格約為2.42美元。資料來源：XRP液體指數（XRPLX）通過勇敢的新硬幣

The increased institutional interest in XRP is evident in the strong inflows into offshore-based XRP ETPs, even as other crypto investment products are seeing outflows. This trend underscores a shift in market sentiment as regulatory pressure on XRP continues to ease.

即使其他加密投資產品也看到了流出，XRP的機構興趣增加在XRP的強勁流入中很明顯。隨著XRP的監管壓力繼續緩解，這種趨勢強調了市場情緒的轉變。

Ripple’s Future Outlook

Ripple的未來前景

Beyond ETF approvals and potential U.S. reserve inclusion, Ripple is exploring broader opportunities in the digital asset space. When asked about a possible Ripple Labs initial public offering (IPO), Garlinghouse did not rule out the possibility but clarified that it is not an immediate priority. “Something is possible; it isn’t a huge priority,” he noted.

除了ETF批准和潛在的美國儲備包含之外，Ripple還在探索數字資產領域的更廣泛機會。當被問及可能的Ripple Labs首次公開募股（IPO）時，Garlinghouse並不排除可能性，但澄清說這不是當務之急。他指出：“有些可能；這不是一個巨大的優先事項。”

Also, Ripple has been actively engaging with U.S. lawmakers and regulators to foster a more favorable environment for cryptocurrency innovation. Garlinghouse highlighted that under the Trump administration, the crypto industry has seen a notable shift in reception, with increased dialogue between policymakers and industry leaders.

此外，Ripple一直在積極與美國立法者和監管機構互動，以營造一個更有利的加密貨幣創新環境。加林豪斯（Garlinghouse）強調，在特朗普政府的領導下，加密貨幣行業的接收方面發生了顯著轉變，政策制定者與行業領導人之間的對話增加了。

“In the past, we couldn’t meet anyone at the White House. Now, we are welcomed. This change shows a broad acceptance of the Ripple market,” Garlinghouse remarked.

加林豪斯說：“過去，我們無法在白宮見過任何人。現在，我們受到歡迎。這一變化表明了對波紋市場的廣泛接受。”