Recently, rumors have been circulating in the crypto community about President-elect Donald Trump’s administration planning to include XRP and Hedera (HBAR) in a national strategic crypto reserve.
Rumors About Crypto Reserve
These rumors were spread by a Hedera supporter known as 'Shawn'. According to his statement on X (formerly Twitter), Trump's team plans to add XRP and HBAR to the proposed crypto reserve alongside Bitcoin (BTC). Shawn claims that these digital assets are 'American Commodities' that will help make the U.S. the 'crypto capital' of the world. His post also notes that Hedera and Ripple will play a key role in digitizing American election and banking systems.
Charles Hoskinson's Response
Cardano founder Charles Hoskinson has categorically denied these claims. He emphasized that Trump's crypto reserve plans only consider Bitcoin, not XRP or HBAR. Hoskinson highlighted the importance of accurate information amidst growing misinformation in the crypto sector.
Arthur Hayes' Predictions
Former BitMEX CEO Arthur Hayes predicted that the crypto market will experience volatility amid skepticism regarding Bitcoin reserves. Given the uncertainties surrounding Trump's administration plans and various opinions in the community, investors should be prepared for possible changes.
Thus, at present, the information about the inclusion of XRP and HBAR in the U.S. crypto reserve remains unverified. Clarity and truthfulness in statements become especially vital amid the fast-paced development of the cryptocurrency market.
