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Trump’s Crypto Reserve Sparks Debate: XRP or Just Bitcoin?


Trump’s Crypto Reserve Sparks Debate: XRP or Just Bitcoin?

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  • Brad Garlinghouse confirmed working towards a strategic reserve including BTC and altcoins.
  • Messari founder Ryan Selkis said that the reserve should only hold BTC and not XRP.
  • Cardano’s Hoskinson chimed in, asking Selkis to not “base XRP.” 

The crypto community is locked in a heated debate over the potential inclusion of XRP in the United States’ proposed digital asset reserve. Valued at $181 billion, XRP is currently the third-largest cryptocurrency by market capitalization. The discussion started after President Donald Trump’s executive order calling for the creation of a national digital asset stockpile.

Ripple CEO Brad Garlinghouse responded to criticism from Riot Platforms VP Pierre Rochard, who accused him of lobbying against a Bitcoin-only strategic reserve. Garlinghouse defended Ripple’s push to include XRP, stating it makes sense to prioritize U.S.-created cryptocurrencies like XRP alongside Bitcoin (BTC).

https://twitter.com/twobitidiot/status/1882539963738464353

Messari Founder Opposes XRP in Strategic Reserve

Ryan Selkis, founder of Messari, strongly disagreed with XRP’s potential inclusion. Selkis argued that Bitcoin shou…

The post Trump’s Crypto Reserve Sparks Debate: XRP or Just Bitcoin? appeared first on Coin Edition.

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