Ripple CEO Asks IMF If They’ll Hold XRP—Clip Sends XRP Army Into Overdrive💥
Ripple boss’ question regarding the position of IMF on XRP has ignited excitement within the ecosystem as analysts hint at a “grand plan” behind the scenes.
According to a legal representative of the IMF, its legal framework demands that at least one country should adopt a crypto asset as a currency before the institution can make a decision to hold it.
Ripple CEO Brad Garlinghouse has elated enthusiasts as he asks the Deputy General Counsel in the International Monetary Fund’s (IMF) Legal Department, Ross Leckow, whether they have an interest in holding XRP.
In an X post shared by analyst Xaif, this discussion occurred at the Singapore Fintech Festival. Leckow, who prefaced his response, highlighted that he does not want to delve deep into the IMF’s position. However, his conservative XRPL Apex 2025.
Following the recent discussions with the IMF legal representative and the hype surrounding Leckow’s reactions, XRP investors made a marginal move into the market, pushing the price up by 1.8% in just 24 hours. At press time, the asset was trading at $2.1 with a market cap of $124 billion.
According to our recent analysis, XRP could stage a bullish reversal to $6 in the short term once the market regains momentum.
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