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Is The US Planning To Seize Ripple’s Escrowed XRP?
In accordance with extensively adopted crypto analyst John Squire, the US authorities might doubtlessly take management of the XRP tokens presently held in Ripple’s escrow.
This revelation comes at a big time, following President Donald Trump’s earlier affirmation of plans to create a Strategic Bitcoin Reserve and a separate Digital Asset stockpile holding cryptocurrencies comparable to Solana (SOL), Cardano (ADA), and Ripple’s XRP.
Nevertheless, Invoice Morgan refuted claims that the US authorities intends to make the most of XRP as a part of a broader technique to assist its monetary system.
“No it gained’t,” Morgan asserted in a put up on X.
 
One other business commentator, going by the net alias Pumpius, additionally knowledgeable his X followers concerning the rumors concerning the US authorities doubtlessly repurposing Ripple’s XRP escrow as a part of the nationwide monetary reserves. Pumpius in contrast the XRP state of affairs to identify Bitcoin exchange-traded funds (ETFs), which had been as soon as thought-about unlikely however finally grew to become a actuality, indicating that the Ripple-affiliated crypto might make its approach to US reserves.
Notably, the longstanding Ripple vs SEC lawsuit is nearing its conclusion, spurring optimism throughout the neighborhood. Regulatory readability on XRP’s authorized standing is stirring hypothesis about its potential inclusion.
A bunch of corporations have in latest months introduced reserves of the Ripple-created cryptocurrency. Singapore-based Web3 firm Trident Digital introduced it is going to begin a strategic XRP treasury of as much as $500 million. Others like Webus, VivoPower, and Wellgistics have additionally introduced XRP-centric reserves. These strikes are indicative of rising institutional curiosity in Ripple’s XRP ecosystem.
Whereas Ripple’s expertise is gaining traction amongst companies, claims associated to US reserves stay unsubstantiated.
The fourth-largest crypto is down 1.1% in the previous 24 hours, alongside a slight correction in the broader crypto market.
