Cryptocurrency analysts and advocates suggest adding tokens like XRP to cryptocurrency stocks as the Trump-era US administration signals support for the digital asset.
If the working group considers adding XRP to the virtual asset stock, the token would require a higher valuation to offset the US national debt.
Trump has sparked controversy over the inclusion of XRP and Solana in US digital asset stocks
During his election campaign, Donald Trump called for the creation of a strategic reserve of Bitcoin, claiming that it could help pay off US debt.
With Trump paving the way for talks on digital asset stocks, some analysts have speculated that the administration could focus more on… ““Made in America” tokens are alongside Bitcoin, putting XRP and Solana among the top considerations.
Some analysts support multi-asset cryptocurrency stocks, including Max Averya businessman commented on X:
I think having a strategic cryptocurrency reserve with multiple digital assets is a great idea. Both BTC and XRPL can win.
Max Avery
However, the prices of XRP and Solana are nowhere near those of Bitcoin, raising the question of how much higher they would be to help offset the US national debt if they were chosen to offset the country’s cryptocurrency reserves.
Ripple’s collateral holdings could form the basis of the US XRP reserve
The US government can simply obtain XRP tokens from a Ripple account and create an XRP reserve without having to pay for them. Ripple has approximately $38 billion of XRP in escrow, representing approximately 37.7% of the total token supply to date.
If the government is serious about creating an XRP reserve, some have suggested that Ripple could hand over its escrow holdings to support the creation of a national reserve for the token.
XRP is trading near $3.12 on the price chart, holding the important moving averages above. Even with this relatively strong position, the asset still faces crucial resistance at $3.30.
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