Trump vs. XRP: Crypto Chaos Rocks the White House!
Here’s the scoop:
Former President Donald Trump reportedly went ballistic after learning he was misled into endorsing XRP as part of a proposed U.S. digital asset reserve—based on a pitch from a lobbyist with ties to Ripple Labs.
The twist:
On March 2, Trump publicly backed XRP, Cardano (ADA), and Solana (SOL) as candidates for a national crypto reserve. But behind the scenes, the idea allegedly came from Brian Ballard’s lobbying team—an outfit with longstanding connections to Ripple.
Trump’s response?
Furious. Sources say he labeled Ballard persona non grata and felt completely blindsided by what he saw as a sneaky maneuver from the crypto world.
Follow the money:
Ripple previously donated $5 million worth of XRP to Trump’s 2017 inauguration and continues to support crypto-friendly political groups like Fairshake.
Still moving forward:
Despite the internal drama, Trump signed an executive order on March 6 to officially launch the U.S. Digital Asset Reserve—keeping XRP, ADA, and SOL in the spotlight.