New President Donald Trump has confirmed that he wants to create a national reserve of cryptocurrenciesbut it still remains to be seen whether this reserve will be composed solely of bitcoins or a basket of cryptos. While Ripple CEO Brad Garlinghouse is of course in favor of the inclusion of XRP and other digital assets, Bitcoins maximalistes are they convinced that only BTC should be chosen. And the latter even consider that Ripple is the “biggest obstacle” to this strategic reserve. Return to a controversy made in US.
- Donald Trump has confirmed his desire to create a national reserve of cryptocurrencies, without specifying whether it will be exclusively composed of bitcoins or will include other cryptos.
- An intense debate has erupted between Bitcoin maximalists and proponents of a basket of cryptocurrencies, with Ripple seen as a major obstacle by the former.
Is Ripple an “obstacle” to Donald Trump’s strategic Bitcoin reserve?
Since Donald Trump mentioned for the first time the creation of a national reserve of cryptocurrencies (in October 2024), the debate rages between supporters of a reserve 100 % Bitcoin and those who would prefer a basket of several cryptos.
In the camp of Bitcoin maximalists, Ripple is considered one of the main opponents to their vision of a single BTC reserve. Indeed, the company behind XRP is doing lobbying for its cryptoasset to be included in this national reserve, even if the CEO of Ripple Labs defends it on social networks.
And Ripple is considered a « obstacle » by Bitcoin maximalists, it’s mostly because the company has very good relationships policies with Washington DC. As noted by independent journalist Efrat Fenigson, Ripple paid $12 million to the presidential campaign of Kamala Harris (Democratic side) in 2024.
Do XRP or SOL have their place in a US national reserve?
And for her, it was clearly to push the use of MNBC in the country via Ripple and its XRP. However, this is clearly a crime of lèse-majesté for early bitcoiners to whom the idea of a digital dollar coupled with XRP literally gives pimples!
For Wayne Vaughan, blockchain entrepreneur and well-known personality Bitcoin maximalisteno other crypto has no place in this famous reserve American:
-“The United States needs a strategic reserve of Bitcoin, NOT a strategic reserve of cryptocurrencies. Ripple, Ethereum and Solana have no place on the US government’s balance sheet. Including them would have costly political consequences for the Trump administration. »
Wayne Vaughan, Web3 entrepreneur – Source: Compte
Everyone has been waiting for months now for a declaration of Donald Trump about his strategic bitcoin reserve and since he uttered the word « crypto » instead of « Bitcoin »it set off a storm in the ecosystem! It must be said that since the adventure of the TRUMP and MELANIA memecoins, we really wonder if the 47th President of the United States differentiates between BTC and other cryptos.
However, this question worries a large part of the sector at the same time as it gives hope to hodlers of XRP or Solana. Who will be able to whisper in the ear of the new strong man in the Oval Office? Will Brad Garlinghouse have enough arguments? What about other speakers like Cynthia Lummis, Hester Peirce or David Sacks Who should have a say? Answer very soon in your favorite media.
