Trump to create XRP reserve: Why this will push Ripple and this rival to new highs

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XRP may gain as Trump plans a U.S. digital asset reserve, prioritizing U.S.-developed cryptocurrencies like SOL and USDC.

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XRP could play a key role as U.S. President-elect Donald Trump considers creating a national digital asset reserve. The development was reported today by The New York Post, revealing that Trump is open to establishing an America-first strategic reserve that would prioritize U.S.-developed cryptocurrencies over offshore assets.

Assets potentially benefiting from this initiative include XRP, Solana (SOL), and USD Coin (USDC). Trump has been actively engaging with the founders of these U.S.-based coins to push this initiative forward. This move not only benefits Ripple’s XRP but could also boost a rival AI altcoin, driving its value to new heights.

Mixed reactions follow Donald Trump’s America-first digital asset reserve proposal

Donald Trump’s proposal for an America-first digital asset reserve has sparked controversy within the crypto community. Critics argue that prioritizing U.S.-based tokens, like Ripple’s XRP, could diminish Bitcoin’s global dominance.

On the other hand, supporters of the initiative have praised Trump’s move, suggesting it would strengthen the U.S.’s position in the blockchain space. Frank Chaparro, an early Bitcoin investor, applauded the proposal, calling it a transformative step for the crypto industry and a radical shift if Donald Trump is reelected.