Ripple's efforts to get XRP included in the U.S. crypto reserve have been unsuccessful, despite investing tens of millions of dollars in lobbying. An executive order shared by David Sachs confirmed that XRP will not be part of the strategic reserve, instead being designated as a reserve asset for sale only.
This decision comes after President Trump's announcement on March 2 to create a cryptocurrency strategic reserve, which led to a 36% surge in XRP's price. However, the new order restricts the government from purchasing XRP, limiting its role to holding or selling ¹.
Interestingly, some experts, like Ryan Selkis, founder of Messari, believe that Ripple's lobbying efforts are misguided and that XRP's inclusion in the reserve is unnecessary. Selkis even accused Ripple of lobbying against the Bitcoin reserve ².
Meanwhile, Bitcoin remains the only cryptocurrency legally acquired by the U.S. government, with Trump formalizing a Bitcoin Strategic Reserve consisting of BTC seized through legal actions. The government currently holds around 200,000 BTC ¹.