XRP Numbered in U.S. Crypto Strategic Reserve
On March 2, 2025, U.S. President Donald Trump announced via Truth Social the inclusion of several cryptocurrencies in a newly established Crypto Strategic Reserve. Among the notable mentions were XRP, Solana, and Cardano, highlighting their growing importance in the digital financial landscape.
Bitcoin and Ethereum were also added to the list of assets in the reserve, further cementing their status as leading cryptocurrencies. This development has been met with enthusiasm from the crypto community, particularly among XRP supporters, as it signifies official recognition and potential future stability for these digital currencies.
The strategic reserve is seen as a positive step towards integrating cryptocurrencies into the broader financial system and underscores the U.S. government's commitment to embracing innovative financial technologies.
The Impact of Trump's Post about Ripple on Truth Social, and the Excitement of XRP ETF Approval in Brazil
The XRP community received a significant boost on the 19th of February 2025 with two major announcements. The newly elected President Donald Trump posted about Ripple on Truth Social, which garnered widespread attention and optimism among crypto enthusiasts.
Concurrently, the news of the approval of the XRP ETF in Brazil added to the excitement, marking a milestone in Ripple's network growth and expansion within the crypto space.
Brad Garlinghouse, Ripple's CEO, also expressed his enthusiasm for the development, tweeting "Bom dia!" to celebrate the occasion. These events signify the continual positive trajectory for Ripple, enhancing its reputation and fostering a sense of confidence in the market.
The combined effect of Trump's endorsement and regulatory approval in Brazil demonstrates Ripple's increasing influence and acceptance on a global scale.