#XRP# Trump's decision: If the United States does not buy XRP as a reserve, where will the crypto circle go?
Trump's final word: the United States will not include XRP in its strategic reserves! This direct statement shattered the crypto community's expectation that XRP would be endorsed by the government. The digital asset built by Ripple, XRP, which targets fast, obvious border payments, has been excluded from the reserve due to regulatory fog and markets. The current XRP price is $2.362, a 24-hour decline of 4.99%, and the market sentiment cooled instantly. What does this mean for XRP and perhaps the crypto community as a whole? First of all, the emphasis in the United States is on choosing the high-quality attitude. XRP is mired in SEC action, and regulatory uncertainty makes it a risky asset. In contrast, traditional reserves such as gold and foreign currencies are more stable, and governments are reluctant to venture into similar cryptocurrencies. This not only dampened XRP's hype, but also showed that it will be difficult to gain official recognition in the short term.
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#XRP# Trump's decision: If the United States does not buy XRP as a reserve, where will the crypto circle go?
Trump's final word: the United States will not include XRP in its strategic reserves! This direct statement shattered the crypto community's expectation that XRP would be endorsed by the government. The digital asset built by Ripple, XRP, which targets fast, obvious border payments, has been excluded from the reserve due to regulatory fog and markets. The current XRP price is $2.362, a 24-hour decline of 4.99%, and the market sentiment cooled instantly. What does this mean for XRP and perhaps the crypto community as a whole?
First of all, the emphasis in the United States is on choosing the high-quality attitude. XRP is mired in SEC action, and regulatory uncertainty makes it a risky asset. In contrast, traditional reserves such as gold and foreign currencies are more stable, and governments are reluctant to venture into similar cryptocurrencies. This not only dampened XRP's hype, but also showed that it will be difficult to gain official recognition in the short term.