Rumors regarding the potential inclusion of XRP into US reserves have sparked discussions in the crypto community. However, prominent attorney Bill Morgan has expressed doubts regarding these claims.
Rumors of Seizing XRP from Escrow
Crypto analyst John Squire stated that the US government could potentially take control of XRP tokens currently held in Ripple’s escrow. This information has become relevant following recent statements by President Donald Trump regarding the creation of a strategic Bitcoin reserve and a digital asset stockpile including cryptocurrencies such as Solana and Cardano.
Expert Opinions
Bill Morgan, a well-known attorney, refuted claims that the US government intends to utilize XRP as part of a broader strategy to support its financial system. "No, it won’t," Morgan asserted in a post on X. Meanwhile, another commentator, using the alias Pumpius, informed his followers about the possibility of repurposing XRP for state reserves, comparing it to the situation surrounding Bitcoin exchange-traded funds.
Institutional Interest in XRP
Recently, several companies have announced reserves of XRP cryptocurrency. Singapore-based Trident Digital announced plans to create an XRP treasury of up to $500 million. Other companies, such as Webus, VivoPower, and Wellgistics, have also announced XRP-centric reserves. These moves indicate growing institutional interest in Ripple’s ecosystem.
While questions regarding the potential seizure of XRP remain open, expert opinions and the increasing institutional interest highlight Ripple's significance in the crypto industry.
