Trump Confirms U.S. Will Not Acquire XRP for Crypto Reserve
President Donald Trump has officially signed an executive order to establish a U.S. Strategic Crypto Reserve, but the directive confirms that XRP, Ethereum (ETH), Cardano (ADA), and Solana (SOL) will not be included in government purchases.
Earlier, on March 2, 2025, Trump hinted at plans for a digital asset reserve, mentioning Bitcoin (BTC), XRP, and other cryptocurrencies. However, there was no official directive at that time, only a post on Truth Social. After much anticipation, he signed the executive order on March 6, clarifying that while Bitcoin will be a strategic asset, other altcoins will not be purchased.
Bitcoin to be Treated as a Strategic Asset
According to David Sacks, a White House official overseeing crypto and AI policies, the U.S. government currently holds around 200,000 BTC—primarily obtained from asset forfeitures. Over the years, the government sold off seized Bitcoin, resulting in an estimated $17 billion loss to U.S. taxpayers.
To prevent further financial setbacks, the new policy designates Bitcoin as a strategic reserve asset, similar to gold, ensuring that government-owned BTC cannot be sold arbitrarily.
Key Highlights of the Executive Order:
✅ Creation of the U.S. Strategic Bitcoin Reserve
✅ Bitcoin sales from the reserve are now prohibited
✅ U.S. Treasury and Commerce Departments to manage Bitcoin acquisitions
✅ Audit of all government-owned digital assets within 30 days
✅ Altcoins like XRP, ETH, ADA, and SOL will not be purchased but managed separately
XRP, Ethereum, and Altcoins: No Future Government Purchases
Unlike Bitcoin, altcoins like XRP, Ethereum, Cardano, and Solana will be placed under a separate United States Digital Asset Stockpile. However, the executive order explicitly states that the government will not buy more of these assets beyond what is acquired through legal forfeitures.
The U.S. Treasury will oversee these assets under a different framework, and they may be liquidated based on legal and regulatory considerations.
Crypto Community Reactions on XRP and Altcoins
Following the order, market analysts and crypto enthusiasts questioned why the U.S. government excluded XRP, Cardano, and Solana from the strategic reserve.
Some XRP supporters speculate that the government may soon acquire XRP through the ongoing Ripple vs. SEC lawsuit. If Ripple settles the case by paying in XRP, the government’s holdings could increase. However, there is no official confirmation of this.
Others, like crypto analyst Moon Lambo, suggest that the U.S. may already own small amounts of XRP, ADA, and SOL from previous forfeiture cases, but not in large quantities.
Conclusion
The executive order marks a significant shift in U.S. crypto policy. By treating Bitcoin as a strategic asset, the government aims to prevent further losses and secure its holdings. Meanwhile, XRP, Ethereum, Cardano, and Solana will remain under Treasury management, with no new government acquisitions planned.
This move is expected to impact the broader crypto market, particularly investors holding XRP and other altcoins.
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