šØ Trump Confirms US Will NOT Buy XRP for Strategic Reserve! šØ
In a shocking move, President Donald Trump has officially signed an executive order confirming the U.S. government will NOT purchase XRP or any other altcoins for its strategic crypto reserve. Instead, only Bitcoin (BTC) will be included! š„ā”
š What Happened?
š¹ On March 2, Trump hinted at a digital asset reserve including BTC, ETH, XRP, ADA, and SOLābut this was only on Truth Social, with no formal order.
š¹ March 6: Trump finally signed the executive orderābut with a huge twist! While Bitcoin gets priority, altcoins wonāt be purchased beyond whatās already in government possession.
š° US Governmentās Crypto Holdings
ā
200,000 BTC already held by the US government š¦
ā
Previously seized from criminals, now designated as a Strategic Bitcoin Reserve
ā No additional purchases of XRP, ETH, ADA, or SOL
ā ļø Bitcoin will be treated like gold, while other cryptos will fall under a separate Digital Asset Stockpile
š¢ Key Takeaways from the Executive Order
āļø A Strategic Bitcoin Reserve will be managed by the Treasury Department
āļø Bitcoin cannot be soldāprotecting it as a long-term asset
āļø The Treasury & Commerce Departments can acquire more BTCābut only if it doesnāt burden taxpayers
āļø Altcoins like XRP, ETH, ADA & SOL wonāt be acquired unless obtained through legal forfeitures
š XRP Community Reactions
ā What about the Ripple lawsuit? Some speculate the government could acquire XRP if Ripple settles with the SEC, possibly paying $125M in XRP š¤Æ
ā Does the government secretly hold altcoins? Some believe there might be small amounts of XRP, ADA & SOL obtained through lesser-known cases.
š¬ What Do You Think?
š Is this bullish for Bitcoin?
š„ Will XRP ever make it to the Strategic Reserve?
š Could this impact the ongoing Ripple case?
Drop your thoughts below! š„š
š Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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