随着波纹和美国证券交易委员会的持续法律传奇，世界正在等待着呼吸

Ripple在美国证券交易委员会（SEC）正在进行的法律传奇已经在加密货币市场上发动了冲击波

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.

随着尘埃与美国证券交易委员会（SEC）的合法传奇固定在Ripple的法律传奇中，世界正在屏住呼吸。该传奇已经通过加密市场造成了冲击波，似乎正在结束，最近的发展带来了令人惊讶的转折。

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.

作为和解的一部分，Ripple预计将支付SEC的5000万美元罚款。但是，已经提出了可以在XRP中进行这项付款的建议，这一举动对美国政府的数字资产库存具有巨大影响。

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的首席执行官Brad Garlinghouse最近对FOX的商业采访中，该公司透露，它正在与SEC讨论有关在XRP中支付罚款的讨论。这将是一个重大转变，因为预计付款通常会以法定货币进行。

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可以用来解决5000万美元的商定罚款时，放下了重磅炸弹。这一建议源于2024年8月Analisa Torres于2024年8月的一项裁决，后者下令Ripple通过在未经适当注册的情况下向机构客户提供XRP来支付违反证券法的1.25亿美元。

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.

裁定后，Ripple立即遵守法院命令，并将全部1.25亿美元的款项存入了一个携带利息帐户，以等待法律诉讼。

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.

现在，随着SEC迁移其执行优先事项，Ripple和SEC似乎终于接近解决方案。 SEC已同意放弃对案件的上诉，并将将罚款减少到5000万美元，同时也取消了原始裁决的永久禁令。

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

但是真正的戏剧在于波纹将如何支付这个罚款，而XRP是否会发挥作用。

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.

美国政府目前正在建立数字资产库存，这是一项更广泛的管理和整合数字资产的计划的一部分。特朗普前总统将这项倡议包括在他的最终执行命令中，旨在创建仅比特币的储备和各种山寨币的库存。特朗普还提到XRP是可能包括在此库存中的加密货币之一。

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.

为此，政府已经收集了没收的资产，例如比特币和Monero。根据美国司法部（DOJ）的最新数据，美联储在过去一年中占领了超过160亿美元的加密货币。

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.

政府的区块链钱包目前持有超过160亿美元的加密货币，包括比特币（BTC），以太坊（ETH），Tether（USDT）和Binance Coin（BNB）等重量级人物。显着的库存缺少是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方面罚款，政府最终可以将XRP添加到其不断增长的数字资产库存中。这是因为政府通常接受其数字资产存储的没收资产。

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.

行政命令规定，数字储备金的资金必须来自民事和刑事没收，这意味着，如果用于此和解的XRP，则可以将其视为这项较大倡议的一部分。

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?

这个消息不仅对波纹，而且对于整个加密货币市场都重要。尽管细节仍需要完成，但Ripple在XRP中的潜在解决方案提出了一个巨大的问题：美国政府接受XRP是否会向更广泛的机构采用数字资产的转变？

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在市场中的作用一直存在争议。尽管是跨境支付部门的领导者，但它仍然面临监管障碍和对其作为安全状况的不确定性。但是现在，美国政府可能将XRP纳入其数字储备将为硬币增加另一层合法性，并可能对XRP的未来价格和监管环境具有深远的影响。

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?

当SEC专员准备就和解的最终条款进行投票时，全世界都在密切关注。如果接受XRP罚款的提议，那么Ripple的付款将是加密历史上的巨大时刻。这将是XRP进入主流接受度的转折点吗？而且，也许最重要的是，Ripple的罚款最终会融入美国政府数字资产库存的手中吗？

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

时间会说明，但是可以肯定的是：这个传奇还远远没有结束。