Rumors are circulating within the Ripple community about the possibility of XRP being added to the U.S. National Reserve. Attorney Bill Morgan provides insights on this matter.
Rumors About XRP's Inclusion
Speculation is rife among the Ripple community and XRP supporters regarding the U.S. National Reserve expanding its currency list to include XRP. This interest has surfaced as Ripple prepares for what could be the final phase of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC).
Commentary from Attorney Bill Morgan
Attorney Bill Morgan, known for his commentary on the Ripple vs. SEC legal battle, responded to a statement made by a user on X, asserting that the escrowed XRP will not be added to the U.S. National Reserve.
Current Situation in the Legal Dispute
Morgan also expressed that Ripple might not have filed an appeal regarding the institutional sales if the SEC had not filed an appeal of the summary judgment. He highlighted that the SEC’s new policies significantly influenced Ripple's current stance in the case.
Thus, discussions surrounding XRP's potential inclusion in the U.S. National Reserve remain mere rumors, necessitating further observation from legal experts.