Ripple’s XRP Will Join US Reserve If This Happens; Understand

• • XRP in US reserve?
  • Condition for inclusion is reaching US$5.
  • PL allows other cryptocurrencies.

The possibility of the XRP , Ripple's native cryptocurrency, becoming part of the United States' digital reserve has generated great anticipation in the market. Recently, pro-XRP advocate Fred Rispoli brought up a crucial condition for this inclusion to happen: the price of XRP needs to reach the $5 mark.

Rispoli's statement came in response to a comment from Santiago Velez, co-founder of Block Digital, who mentioned that Utah House Bill 230 is not limited to Bitcoin as a cryptocurrency reserve asset, opening up space for other options, such as XRP.

The bill in question would allow state treasurers to invest public funds in certain digital assets. Currently, only Bitcoin qualifies for this purpose, but Rispoli clarified that XRP could enter the fray if its price hits an impressive $5.

“To be fair, it’s coded in a way that—at the moment—only Bitcoin qualifies. But $XRP would qualify at $5,” wrote Rispoli.

This condition set by Rispoli reignites the discussion about the potential of XRP in the cryptocurrency market and its possible inclusion in state reserves. Reaching the $5 mark would represent a significant milestone for the cryptocurrency, boosting its adoption and recognition in the financial landscape.

At the time of publication, the price of XRP was quoted at $2,41 with no increase in the last 24 hours.

XRP in the sights of the US government? Ripple CEO comments on strategic reserve and generates speculation

Amid discussions about the possible creation of a strategic cryptocurrency reserve in the United States, a new element has added complexity to the debate: Ripple CEO Brad Garlinghouse's suggestion that the U.S. government could to consider the accumulation of XRP tokens. This possibility has generated speculation and reignited interest in the future of XRP and its role in the regulatory landscape.

While Garlinghouse did not explicitly link XRP to the formation of strategic reserves, the mere mention of it has left room for interpretation. The statement comes at a crucial time, with the crypto market seeking greater regulatory clarity and governments showing increasing interest in digital assets.

Recently, it emerged that the US government would prefer a stockpile of digital assets rather than an exclusive reserve of Bitcoin, which raises the possibility that lobbying has had some effect. However, involvement in political donations has raised concerns among some investors, who question the influence of private interests in the formulation of public policies.