A viral claim says the U.S. government is buying XRP at $10,000 and replacing the U.S. dollar with Ripple’s XRP. But is it true?
Let’s break it down.
🚨 The Claim
Some social media posts claim:
Congress is buying XRP at $10,000 per coin
XRP will replace the U.S. dollar
But there is no official proof to back this claim.
🌍 Where It Started
The rumor seems to come from a user named CryptoGeek who:
Claimed that BRICS nations may use the XRP Ledger for a global digital currency
Later said the U.S. Congress is buying XRP and adopting it as currency
💱 What’s Really Happening?
1. BRICS and Dedollarization
BRICS (Brazil, Russia, India, China, South Africa) are using less U.S. dollars for trade.
They’re exploring digital currencies like XRP for global payments.
XRP is fast, cheap, and works well for cross-border payments.
2. Ripple’s Real Progress
Ripple has partnered with BRICS-related financial groups.
XRP is being tested in Central Bank Digital Currency (CBDC) systems.
But this doesn’t mean XRP is replacing the U.S. dollar.
3. No Government Confirmation
There’s no evidence the U.S. Congress or government is:
Buying XRP at $10,000
Replacing the dollar with XRP
✅ Final Verdict
🚫 False Claim The U.S. has not adopted XRP as the new dollar. The government is not buying XRP at $10,000.
📌 Why This Matters
False crypto news can:
Mislead new investors
Pump prices unfairly
Cause financial harm
Always fact-check before believing or sharing.
📢 Bottom Line
XRP is growing in global use, especially for cross-border payments. But it’s not replacing the U.S. dollar, and Congress is not buying it at $10K.
Source: International Meda
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