There's been significant online speculation about whether Donald Trump has blacklisted XRP, but let's examine the facts.
The Social Media Post Incident
On March 2, 2025, President Trump posted a statement on social media announcing his support for a U.S. "crypto strategic reserve" that would include XRP, Solana, and Cardano. However, the post was deleted less than 24 hours later. Reports suggest Trump may have been misled into making the announcement by a lobbyist named Brian Ballard, who has ties to Ripple Labs, the company behind XRP ¹.
Trump's Reaction and XRP's Status
After discovering Ballard's connection to Ripple Labs, Trump reportedly cut ties with him and was furious about the situation. Despite this incident, there's no official evidence to suggest Trump has blacklisted or banned XRP. The coin continues to perform well in the market, with some analysts seeing it as a strong contender in the current crypto cycle ².
Ripple's Political Connections
Ripple has had prior political connections, including donations to Trump-aligned political committees. The company's Chief Legal Officer and CEO have reportedly met with Trump in the past. This history of interaction has sparked speculation about Trump's stance on XRP ¹.
Conclusion
In conclusion, while Trump may have been upset about being associated with XRP without full understanding, there's no concrete evidence to suggest he has blacklisted or prohibited the digital asset. The situation highlights the growing influence of crypto lobbyists and the potential risks of political entanglement in the rapidly evolving digital asset sphere.
Key Takeaways
-No Official Blacklist: There's no evidence to suggest Trump has officially blacklisted XRP.
- Misunderstanding and Frustration: Trump's reaction seems to be a personal frustration rather than a formal policy stance.
- XRP's Market Performance: XRP continues to perform well in the market, with some analysts seeing it as a strong contender in the current crypto cycle.
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