Ripple CEO on U.S. Crypto Reserves—Why It Can’t Be Just BTC

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XRP as a Reserve Asset? Ripple CEO Makes the Case
  • Ripple CEO advocates for XRP as part of a U.S. crypto reserve strategy.  
  • Garlinghouse opposes token maximalism, pushing for a multichain approach.  
  • A diverse reserve strategy could bolster U.S. leadership in digital finance.

Ripple CEO Brad Garlinghouse is suggesting XRP as a reserve asset for the U.S. He’s pushing for a diverse crypto reserve strategy, not just Bitcoin. Garlinghouse’s proposal comes after discussions with the U.S. president Donald Trump regarding the potential role of XRP as a strategic reserve asset.

In an X (formerly Twitter) post, Garlinghouse outlined his vision for a government-backed digital asset reserve. This reserve would include multiple cryptocurrencies rather than just picking one, like Bitcoin. 

Garlinghouse stressed the importance of a level playing field. He advocated for a “multichain world,” instead of one token versus another. He disclosed that he holds XRP, Bitcoin, and Ethereum, among other assets. This highlights the need for collaboration instead of tribalism within the crypto sector.

Garlinghouse: U.S. Must Lead in the Global Crypto Race

“Maximalism remains the enemy of crypto progress,” he stated. He called for a united front to achieve shared industry goals.  

“The crypto industry has a real shot, here and now, to achieve the many goals we have in common. If we work together instead of tearing each other down. This is not and never will be, a zero-sum game.”

The proposal highlights growing concerns about the U.S. falling behind in the global crypto race. In a July speech, the former president announced a bitcoin reserve would help the U.S. dominate the global bitcoin market against stiff competition from China.

Related: Ripple Expands Cross-Border Payments: New Licenses & RLUSD Stablecoin Set to Reshape 2025

However, a diverse national reserve strategy could position the country as a leader in digital finance. With central banks worldwide looking into digital currencies, Garlinghouse’s call for a representative reserve matches up with the need for strong, inclusive financial strategies.

XRP’s Potential: Price Targets and Resistance Levels

While these discussions on national crypto reserves are happening, XRP surged by 11%. Analysts are predicting a possible price explosion. Technical charts suggest XRP’s next resistance levels at $3.13 and $3.15. A successful breakout could push the price to $3.85, with the next target at $8.

Related: Whale Activity, Buy Signals, and Liquidation Risks: A Closer Look at $XRP, $DOGE, and More

But, traders should remain cautious. If XRP fails to break above the current resistance, it could drop down to $3.00 or even $2.85. The market is waiting for further developments as Ripple continues to push for regulatory clarity and innovation in the crypto space.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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