Market Cap: $3.3762T 3.330%
Volume(24h): $132.3078B -24.310%
  • Market Cap: $3.3762T 3.330%
  • Volume(24h): $132.3078B -24.310%
  • Fear & Greed Index:
  • Market Cap: $3.3762T 3.330%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$103961.912553 USD

0.90%

ethereum
ethereum

$2547.039051 USD

9.10%

tether
tether

$0.999778 USD

-0.02%

xrp
xrp

$2.400667 USD

1.48%

bnb
bnb

$662.817818 USD

-0.11%

solana
solana

$175.834683 USD

2.33%

usd-coin
usd-coin

$0.999949 USD

0.00%

dogecoin
dogecoin

$0.238904 USD

14.94%

cardano
cardano

$0.814952 USD

4.20%

tron
tron

$0.264891 USD

0.50%

sui
sui

$4.021440 USD

1.66%

chainlink
chainlink

$16.937884 USD

5.49%

avalanche
avalanche

$25.289282 USD

7.63%

shiba-inu
shiba-inu

$0.000017 USD

9.24%

stellar
stellar

$0.313005 USD

4.43%

Cryptocurrency News Articles

Trump's XRP Inclusion in U.S. Crypto Reserve Was Not His Original Plan, Allegations Claim

May 09, 2025 at 10:45 pm

The inclusion of XRP in the U.S. Crypto Strategic Reserve reportedly wasn't President Donald Trump's original plan

Trump's XRP Inclusion in U.S. Crypto Reserve Was Not His Original Plan, Allegations Claim

A report by Coin Edition has revealed that renowned lobbyist Brian Ballard played a key role in influencing President Donald Trump’s decision to include XRP in the U.S. Crypto Strategic Reserve, according to new allegations.

Emerging “truth” from crypto and political circles points to Ballard as the key figure who swayed the president's thinking to add XRP, while pivoting away from his original plan. This alleged lobbying backdrop casts a new light on President Trump’s crypto initiatives. After taking office, he first signed a January 2025 executive order, establishing the Presidential Working Group on Digital Asset Markets. The US president then announced on March 2 via Truth Social that XRP, Solana, Cardano, Ethereum, and Bitcoin would comprise the official US Crypto Strategic Reserve.

Now, months later, political insiders claim Ballard’s efforts, driven by his ties with Ripple, were what landed XRP on that high-profile list. Documents confirm the lobbyist received at least $60,000 from Ripple in 2024, though the reasons for the payment remain undisclosed as of this report.

These revelations about Ballard’s alleged influence have ignited widespread controversy. Reports from certain quarters claim Trump has severed ties with Ballard after realizing the lobbyist misled him. However, analysts think it’s highly unlikely the president would remove XRP from the US Strategic Crypto Stockpile, considering his ties with Ripple’s CEO Brad Garlinghouse, who donated significantly to Trump’s campaign and inauguration funds.

As the dust settles on this lobbying saga, all eyes are on the next moves by President Trump and how they will shape the future of crypto in the U.S.

The post Trump's XRP inclusion wasn't original plan, lobbyist involvement alleged appeared first on Coin Edition.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 11, 2025