#Write2Earn Amid the escalating feud between Elon Musk and President Donald Trump, influential voices in the XRP community speculate about what may happen next and how it might benefit XRP.
In a tweet, Joshua Dalton, founder of TRIBLU, argued that Elon Musk may adopt XRP as the cornerstone of the upcoming payment system for X, X Money. Dalton even claimed that Musk would "do anything" to position XRP as the chosen currency on the platform.
He noted that this move could unfold at a time when the Trump family's cryptocurrency project, World Liberty Financial, which heavily invested in BTC, faces a potential collapse.
The post directly references Ripple, Musk, President Trump, and his sons Eric Trump and Donald Trump Jr., framing a narrative of dramatic competition in the cryptocurrency world.
Trump's fallout against Musk reaches the cryptocurrency market
It is worth noting that the Trump family has always supported Bitcoin while showing little interest in Ripple. Until recently, Musk and Trump maintained a friendly relationship. However, this changed significantly this week after Musk publicly criticized the spending bill passed by Trump in a post on June 4, warning of severe economic risks.
Trump responded, threatening to cancel Musk's government contracts and support. In response, Tesla's stock fell, wiping out $150 billion of its market value.
The cryptocurrency market followed suit. The price of Bitcoin fell by over 6% to a low of $100,400 before recovering slightly to $102,000 at the time of publication. XRP also suffered losses, although Dalton and others believe this situation may represent a long-term opportunity for XRP.
Could XRP gain a competitive edge?
At the same time, Dalton draws inspiration for his claim that Musk may support XRP at the expense of Bitcoin from historical developments. Specifically, Musk has a history of criticizing Bitcoin for its energy consumption and vulnerability to centralized mining operations. This contributed to his decision to stop accepting Bitcoin as payment for Tesla electric cars in 2021.
In contrast, XRP was designed for efficient cross-border transactions, featuring faster and cheaper settlements. These characteristics may make it a practical option for Musk's vision of an "all-encompassing application."
The XRP Ledger's focus on efficiently transferring value aligns with what X Money aims to deliver when it launches later in 2025. While Musk has repeatedly promoted Dogecoin, many in the XRP community argue that XRP's real-world utility gives it a stronger case for serious integration.
In October 2024, Elon Musk publicly mentioned XRP for the first time in a viral Twitter video about cryptocurrencies. When asked about XRP's potential role in the global financial system amid scrutiny from the U.S. Securities and Exchange Commission, Musk said that cryptocurrencies, including XRP, could counter central control and promote individual freedom. At the same time, he clarified that his statements are "not an endorsement or a disavowal" of XRP.
Overall, as the rift between Musk and Trump escalates, some believe XRP may emerge with an unexpected advantage.
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