Ripple CEO Brad Garlinghouse has stirred discussions by suggesting that digital assets like XRP, Solana (SOL), and USDC could play a significant role in U.S. government-backed strategic crypto reserves.
Speaking at the CfC St. Moritz conference, Garlinghouse highlighted the growing interest from central banks in incorporating cryptocurrencies into their reserve systems, fueled by advancing regulatory clarity. He emphasized that the shift in U.S. crypto regulations could pave the way for reserves supported by assets like Ripple’s XRP.
Sources indicate that these state-controlled reserves would focus on digital assets such as XRP and Solana, both developed domestically, with the aim of enhancing financial stability and furthering blockchain technology. Garlinghouse expressed confidence that XRP is well-suited for such a role, noting its scalability and regulatory compliance.
This sentiment was echoed by BlackRock Managing Director Joseph Chalom, who disclosed that institutional investment in cryptocurrencies has surged. BlackRock, which had no crypto holdings a year ago, now manages $61 billion in Bitcoin, Ether, and tokenized assets. Chalom underscored the importance of providing safe, reliable opportunities for cryptocurrency investments, aligning with the strategic reserve vision.
Regional initiatives, such as Texas’ proposal for a Bitcoin Strategic Reserve through SB 778, and Oklahoma’s efforts, signal that the idea is gaining traction. On a federal scale, speculation suggests the Trump administration could explore a national crypto reserve incorporating XRP, SOL, and USDC.
Garlinghouse’s comments reflect optimism about XRP’s potential role in these developments, positioning the U.S. as a leader in blockchain innovation amid the evolving global landscape.
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