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Can XRP eliminate the US national debt? A $965.5 price tag for a strategic reserve

ByNellius IreneNellius Irene
2 mins read
  • Trump’s proposed digital asset stockpile could include XRP.
  • XRP’s price would need to grow to $965.5 to offset US $36.4 trillion debt.
  • The token is doing well, surging from $0.50 to $3.20 in just three months.

Cryptocurrency analysts and advocates suggest adding tokens like XRP to a crypto stockpile as the U.S. administration under Trump signals support for digital assets.

President Trump has already ordered the creation of a working group that will develop a framework for digital assets and future reserves within the next six months.

If the working group considers adding XRP to the virtual asset stockpile, the token will require a higher valuation to offset the US national debt.

Trump sparks debate on including XRP and Solana in a US digital asset stockpile

During his campaign, Donald Trump advocated for a strategic Bitcoin reserve, claiming it could help clear US debts.

With Trump paving the way for talks of a digital asset stockpile, some analysts have speculated that the administration could focus more on ā€œMade in Americaā€ tokens besides Bitcoin, putting XRP and Solana among the top considerations.

Some analysts are supporting a multi-asset crypto stockpile, including Max Avery, an entrepreneur who commented on X:

I think having a strategic crypto reserve with multiple digital assets is a great idea. BTC and the XRPL can both win.

Max Avery

However, XRP and Solana are nowhere near Bitcoin’s prices, raising the question of how high they should rise to help offset the US national debt if chosen to make up the country’s crypto reserves.

Ripple’s escrow holdings could form the basis of a US XRP reserve

The US government can simply acquire XRP tokens from Ripple’s escrow and create an XRP reserve without having to pay for them. Ripple has almost $38 billion of XRP in escrow, which is about 37.7% of the total token supply as of now.

If the government is serious about starting an XRP reserve, some have suggested that Ripple should hand over its escrow holdings to support the creation of the token’s national reserve.

XRP is trading close to $3.12 on the price chart, maintaining the above-important moving averages. Even with this comparatively solid position, the asset still faces crucial resistance at $3.30.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Nellius Irene

Nellius Irene

Nellius is a Business Management and IT graduate with five years of experience in the cryptocurrency industry. She is also a graduate of Bitcoin Dada. Nellius has contributed to leading media publications, including BanklessTimes, Cryptobasic, and Riseup Media.

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