A written proposal submitted to the newly created SEC crypto task force suggests that XRP could unlock $1.5 trillion in banking liquidity and fund a national Bitcoin reserve using freed-up capital from Nostro accounts.
The document, titled Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S., was authored by Maximilian Staudinger and outlines how XRP could transform financial infrastructure, saving $7.5 billion annually in transaction costs and enabling banks to replace outdated SWIFT-based liquidity mechanisms.
The proposal argues that Nostro accounts — used by banks to facilitate cross-border transactions — currently hold $5 trillion in dormant capital within the U.S. financial system. By integrating XRP for liquidity management, banks could free up 30% of these funds, or $1.5 trillion, and reinvest them into the economy.
It suggests that the Federal Reserve and the Office of the Comptroller of the Currency (OCC) issue mandates ensuring the adoption of XRP in interbank liquidity operations..