“In addition to bitcoin, the US national reserve may also include other cryptocurrencies, including XRP, ADA and HBAR. This opinion was shared by the CEO of the Morgan Creek management company, Mark Yusko, on the air of the Good Morning Crypto show. He noted that for this purpose, the founders of the mentioned projects seek to “establish contact” with Donald Trump’s entourage, especially with his son Eric. According to Yusko, bitcoin is perceived as “digital gold”, but there are others […]”, — write: businessua.com.ua
In addition to bitcoin, the US national reserve may also include other cryptocurrencies, including XRP, ADA and HBAR. This opinion was shared by the CEO of the Morgan Creek management company, Mark Yusko on the air of the Good Morning Crypto show.
He noted that for this purpose, the founders of the mentioned projects seek to “establish contact” with Donald Trump’s entourage, especially with his son Eric.
According to Yusko, bitcoin is perceived as “digital gold,” but there are other cryptocurrencies with potentially useful capabilities for the government.
He named XRP as one such asset:
“There is talk that XRP could be used — or even made mandatory — as the base layer for a CBDC or national banking infrastructure.”
Yusko clarified that so far these are only conversations, and he himself cannot be sure of the adoption of this or that decision by the US government.
During the election campaign, Trump and a number of his supporters spoke out against the implementation of the digital dollar, which, in their opinion, would become a tool for monitoring and limiting the freedoms of citizens.
At the time of writing, XRP is trading at $3.17 after reaching a short-term peak of $3.5 two hours earlier. On January 16, the asset broke a seven-year high, approaching the mark of $3.4.
Binance XRP/USD 15-minute chart. Source: TradingView.
It will be recalled that in January MARA CEO Fred Thiel said that his firm is pushing for the introduction of a strategic bitcoin reserve in all 50 states and at the federal level in the United States.
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