Will XRP Become a US National Reserve Asset?

Bittime - Rumor regarding the potential for XRP to become a United States national reserve asset, it is increasingly being discussed in the crypto community. 

Is it true that XRP will become a US reserve asset? Read this article to find out more!

Rumors of XRP Becoming a US Reserve Asset 

One of the main triggers for this rumor was the statement of a popular crypto figure on X (Twitter) named Brett (@Brett_Crypto_X). 

Brett stated that there is a 40% possibility for XRP to become a US national reserve asset. This statement sparked various reactions, ranging from enthusiasm to high hopes from the crypto community.

Meanwhile, others say that even a 60% chance would be enough to drive a major spike in the price of XRP.  

Read Also: XRP Price Prediction to Increase in 2025, Here's the Reason! 

Reason of XRP Deserves to Become a Reserve Asset 

XRP's advanced technology is one of the reasons why XRP deserves to be a US national reserve asset. 

With high efficiency in facilitating cross-border payments, low transaction costs, and exceptional scalability, XRP meets the needs of the modern financial system.

Ripple, the company behind XRP, has built a strong global network with international partners. This infrastructure is designed to support fast and secure transactions. 

In addition, XRP's resistance to market fluctuations further strengthens its credibility as a potential reserve asset.

Impact of XRP Becoming a US Reserve Asset 

If XRP officially becomes a US national reserve asset, the impact could be very significant. Not only will it increase XRP's market valuation, but it will also encourage wider adoption by institutional investors and government agencies.

Matter this could also strengthen the United States' position in the global crypto innovation competition. Although not yet confirmed, this rumor shows the growing importance of digital assets in shaping the future of the global financial system.

If XRP is truly recognized as a US national reserve asset, a new era in global crypto adoption could begin soon.

Read Also: XRP Price Analysis is Stable Even though the Crypto Market is Crashing 

XRP FAQs

What is XRP and what is its use?

XRP is a digital asset created by Ripple Labs and designed to facilitate cross-border payments. XRP blockchain technology enables transactions in just a few seconds with very low fees making it ideal for international money transfers and micropayments.

What is the Difference Between XRP and Other Cryptocurrencies Like Bitcoin?

XRP supports a cross-border payment system with a focus on speed and cost efficiency, different from Bitcoin which functions more as a store of value and investment tool. In addition, XRP uses a consensus mechanism that does not require mining so it is more energy efficient.

How much is 1 XRP USD?

Currently, 1 XRP is worth $3.16 according to Coinmarketcap. 

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Reference

Franknez, XRP News Today: XRP Reserve Asset Rumors In The U.S. Are Now Increasing, accessed January 22, 2025.

Coinmarketcap, Coinmarketcap XRP Currency, accessed January 22, 2025.

Author: IPR