Ripple Secures Victory Against U.S. Bitcoin Strategic Reserve

January 25, 2025

Ripple (XRP) scored major wins this month with its pro-altcoin lobbying in the U.S., successfully removing Bitcoin (BTC) in executive orders signed by President Trump and halting two efforts to establish a Strategic Bitcoin Reserve. Ripple Succeeds Globally, Ripple is advancing stablecoin projects and using its technology for Central Bank Digital Currency (CBDC) pilots. Chris Larsen, Jed McCaleb, and Brad Garlinghouse became billionaires through XRP sales and have launched several pro-altcoin initiatives. One success was delaying Senator Cynthia Lummis and her bill proposing a U.S. Strategic Bitcoin Reserve, while Trump signed an executive order to instead form a committee designed to study all kinds of digital assets, opening doors for XRP inclusion. Not Just Bitcoin Many crypto companies criticized the fact that Bitcoin was getting all of the attention whereas it is only one aspect of the crypto industry. This led to Ripple successfully replacing the concept of a BTC Strategic Reserve with a National Digital Asset Stockpile. The U.S. Treasury has also been advised against buying BTC, leaving the possibility of a BTC reserve dependent on Congress. Meanwhile, an anti PoW (Proof-of-Work) campaign launched by Chris Larsen is also gaining traction in 2025, with Ripple supporting initiatives like The Digital Dollar Project.

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