The cryptocurrency market witnessed a major shift after President Donald Trump confirmed its plans to obtain a “strategic coding reserve”. In a post on the social truth, Trump revealed that Bitcoin and Ethereum will serve as the backbone of the reserve, but Solana (Sol), XRP and Cardano (ADA) will also be included. This advertisement raised some concerns, especially with regard to the inclusion of XRP. Critics quickly indicated that the use of taxpayer money to buy XRP, one of the assets controlled by Ripple in a large part of the circulating offer, can be a problem.
One of the users expressed his concerns, called the idea of buying XRP with American taxpayer boxes “pure madness” due to the large Ripple control of the show. “Trump needs to understand the seriousness of this error,” they added, and they complained about the advice he received.
In the defense, Bill Morgan’s supporter, supporter of XRP, responded, explaining that the amount of XRP kept in the guarantee had decreased significantly and that Ripple’s control over the circulating offer was much smaller than the critics claimed. He also accused those who spread wrong information of relying on old arguments and XRP feelings.
Maybe the person advising him is a little more up to date than you. The amount of XRP in escrow is now down to 37.62 % and the circulating supply is 62.33%. Ripple has a small % of the 62.33% circulating supply.
Stop lying. Trump @realDonaldTrump is too smart to accept your 2017… https://t.co/uCJ6wsHCkr pic.twitter.com/r7k51NV2cu— bill morgan (@Belisarius2020) March 2, 2025
Alex Show, Research partner in Mint Ventures, It also raised concerns. He said that including Sol, XRP and Ada may harm Bitcoin’s position as a major origin in the reserve. Shaw pointed out that these heroes have supported Trump in the past, including through donations, and suggested that this may be a political interest more than just a strategic decision. He warned that this might make it difficult for the BTC reserve bill pass.
Moreover, Shaw warned that although the presidential working group is advancing on the initiative, it is another challenge that passes legislation that includes altcoins such as Sol, Ada and XRP in the national reserve. Looking at the current weak republican feature in the House of Representatives, passing such legislation may be difficult. There is also speculation that Trump can overcome Congress and create a national sovereign fund within the framework of the Treasury to buy these assets directly.
