- XRP and Cardano were unexpectedly added to the U.S. Strategic Reserve, shaking up the crypto space.
- Peter Schiff questioned the decision, while Cardano’s Charles Hoskinson defended XRP’s inclusion.
- Ripple’s CTO was caught off guard, signaling a shift in the U.S. government’s approach to digital assets.
XRP in the U.S. Strategic Reserve. Let that sink in for a moment. A crypto asset—alongside Cardano (ADA)—becoming part of one of the most significant financial safety nets in the world. The news broke yesterday, and as expected, it sent waves through the community.
Bitcoin in a reserve? Makes sense. It’s often called ‘digital gold,’ after all. But XRP? That’s where things got interesting. People started asking questions.
Peter Schiff Weighs In
Peter Schiff, a well-known gold advocate and crypto critic, didn’t hold back. If gold belongs in reserves, and Bitcoin is its digital counterpart, then fine—he gets the logic. But XRP? That’s a different story. “Who the hell would need that?” he asked, summing up the skepticism that flooded social media.
Cardano’s Charles Hoskinson Defends XRP
Charles Hoskinson, the mastermind behind Cardano, had a different take. To him, XRP has earned its place. It’s got solid tech, has been around for over a decade, and has survived every market crash thrown at it. It’s global. It’s standardized. And, perhaps most importantly, it has one of the strongest communities in the crypto space. He believes adding it to the reserve was the right call.
Ripple’s Reaction: Even They Were Surprised
Even within Ripple, the announcement was met with some shock. David Schwartz, Ripple’s CTO and one of the original architects of the XRP Ledger, didn’t see it coming. XRP and ADA, now sitting in a national reserve? That’s a plot twist few expected.
Bitcoin has always been at the center of these conversations, but this decision changes things. The U.S. is expanding its view of crypto—no longer just Bitcoin, but a broader range of assets. This move signals recognition of alternative digital assets in a space long dominated by a single narrative.
Whether you love or hate the decision, one thing is certain: crypto is evolving, and the U.S. just took a major step in acknowledging that fact.
