- Trump’s U.S. crypto reserve sparks debate, with XRP ($2.40)’s inclusion drawing criticism and support.
- XRP surges 17.02% as whales accumulate, signaling growing institutional confidence.
Donald Trump’s recent announcement of a U.S. strategic crypto reserve has sparked intense debate, particularly over Ripple’s [XRP] inclusion.
While Bitcoin [BTC ($85,971.75)]’s selection was widely expected, given its status as “digital gold,” XRP’s role has drawn scrutiny from critics like Peter Schiff.
Schiff, a longtime Bitcoin skeptic, questioned why XRP was chosen, fueling broader discussions about its legitimacy in a government-backed reserve.
“I get the rationale for a Bitcoin reserve. I don’t agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So, let’s create a Bitcoin reserve, too. But what’s the rationale for an XRP reserve? Why the hell would we need that?”
Charles Hoskinson defends XRP
On the oth…
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