Trump’s Crypto Reserve Plan and Ripple-SEC Deal Fuels Debate

• Ripple faces criticism from Bitcoin advocates over lobbying for an XRP Reserve.
• Trump’s crypto reserve fuels debate on national cryptocurrency strategy.
• XRP gains momentum as speculation drives its price above $3 amidst the controversy.

Ripple is under intense scrutiny from Bitcoin backers regarding rumors of a U.S. XRP Reserve following  Donald Trump’s hint at a possible national digital asset reserve. The executive order outlining a Digital Asset Stockpile has fueled disagreements about its composition, with CEO Brad Garlinghouse calling for a diversified reserve, including XRP. This has generated a backlash from Bitcoin critics, who insist on a Bitcoin-only reserve, intensifying debates about Ripple’s influence and the future of the U.S. crypto plan.  

National Reserve Debate Sparks Uproar  

President Trump’s executive order on a National Digital Asset Stockpile has intensified the debate. Unlike earlier proposals for a Bitcoin-only reserve, the order suggests a diversified reserve. This approach includes U.S.-based assets such as XRP, Solana, and USD Coin.  

Some see Ripple’s advocacy for a multi-asset reserve as a move to elevate XRP’s status. However, Bitcoin’s supporters stated that it would weaken its reputation as the leading digital asset, while industry leaders cautioned that a diversified reserve could dilute Bitcoin’s dominance and create instability.  

Bitcoin Advocates Criticize Ripple’s Impact  

Ripple’s political efforts have drawn opposition from BTC advocates, who claim it undermines efforts for a U.S. Bitcoin Reserve. Pierre Rochard, head of research at Riot Platforms, accused Ripple of diluting BTC’s standing through its advocacy of central bank digital currencies.  

Rochard argued that Ripple’s promotion of XRP as a reserve asset distracts policymakers, weakening Bitcoin’s dominance. He also pointed out Ripple’s alignment with political figures to bolster its influence. Garlinghouse, however, rejected claims of political bias, stating Ripple’s position supports American innovation.  

Notably, Garlinghouse resurfaced past criticisms of former SEC Chair Jay Clayton’s anti-crypto stance, adding complexity to the continuing regulatory debate. As Ripple navigates these allegations, the controversy further complicates the future of a national crypto reserve.  

Related: XRP Outpaces Bitcoin Following Ripple’s Legal Triumph

Ripple vs. SEC: Implications for XRP  

The judicial battle with the SEC remains a critical factor,as the firm has requested April 16, 2025, as the deadline to file its opening cross-appeal brief. The brief addresses the SEC’s claim that XRP sales were securities offerings.  

The court has generated optimism in the crypto community. Ripple’s advocacy team is confident Judge Torres’s ruling will be upheld. Ripple’s Chief Legal Officer, Stuart Alderoty, condemned the suit as a rehash of failed arguments, signaling the organisation’s stance.  

Meanwhile, the situation has not lowered shareholder enthusiasm. XRP prices surged to over $3, driven by speculation about its inclusion in a national digital asset reserve, with market analysts predicting that the token could reach $15 following the case resolution.  

The post Trump’s Crypto Reserve Plan and Ripple-SEC Deal Fuels Debate appeared first on Cryptotale.