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XRP’s Crypto Reserve Dreams Hit a Snag: Polymarket Traders Skeptical of Trump’s Social Media Claim
Sources suggest that even though Trump is all about being crypto-friendly, XRP might not find its way to Crypto Reserve as it was speculated.
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Samik Ghoshal
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XRP just made it big. It is already in the news for its meteoric rise and recovery percentage. Now, sources suggest that Ripple, the creator of the XRP token, is being roped in by the US to work as a national reserve asset. However, Polymarket experts believe it is too soon despite the renewed regulatory framework created by Donald Trump and his administrative body.
Why The Holdup?
President Trump shared an article on Truth Social discussing the expansion of Ripple in the US. As per the announcement, Ripple would play an integral role in the US financial landscape. Given its low transaction fee and responsive transaction time, XRP is best suited for a hybrid approach. Some suggest that the token soon enters the banking system. Still, the chance of XRP reaching the US crypto reserve is around 15%, as experts say.
In January, an article released by Coindesk highlighted that Brad Garlinghouse, Ripple CEO, noticed a considerable spike in hiring efforts and deals. This suggests positive movements after Trump’s crypto-friendly stance. However, there is no clear indication that XRP would be included in the US financial reserves.
Polymarket data suggests traders are generally skeptical about XRP’s inclusion in the US financial reserves. As per market data released by the platform, the probability of it happening is just 15%. Here are some of the plausible reasons that have contributed to this low probability:
- The SEC vs Ripple lawsuit is in a better place but is not resolved. Therefore, the probability would not rise till the issue is resolved.
- The US government already has a financial reserve prioritizing US treasuries and gold over digital assets.
- The market is highly competitive, with better-performing assets and higher market caps like BTC and ETH, which can get higher preference over XRP.
While the possibility of XRP getting included in the US financial reserve in 2025 is low, it is not zero. Therefore, the best thing to do is wait and see the future.
Samik Ghoshal
Editor
Samik Ghoshal is a versatile writer with a special knack for blockchain technology, which brings a nuanced perspective to his work. His analytical skills and passion for cryptocurrencies made him a critical writer nurturing the world of NFTs, DeFi, and Web3 developments. Accuracy and enthusiasm to understand the crypto market sets his value for each informative content.
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