The cryptocurrency community took a stunning twist when it was signed by the executive order signed by the president. Donald Trump Break the hopes of Ripple and his supporters.
After putting millions of dollars into political contribution XRP (Encryption: XRP) is included in the U.S. sovereign crypto protection zone, and the company and its co-founders watched their efforts.
On weekends, David SacksKnown as the “Crypto Czar”, the signed document shared on X, indicating that XRP will not be part of any strategic reserves as Trump once vowed.
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Back on March 2, Trump sparked excitement by promising to build a cryptocurrency reserve featuring XRP, bringing a 36% price increase to the token in an hour.
However, the reality revealed in executive orders is very different.
Trump stays away from elevating XRP to precious reserve assets, designating it as a “stock asset”, which means the government can only hold or sell it without buying it.
The document clearly states: “The U.S. government shall not acquire other stock assets except in connection with criminal or civil asset forfeiture proceedings or in the absence of further enforcement or legislative action.
This kind of stock sold only is not unique to XRP.
Other popular cryptocurrencies Solana (encrypted: sol), Cardano (Encryption: ADA) and Ethereum (Encryption: ETH) – Trump was also named the same boat in his earlier promise.
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Bitcoin (Crypto: BTC) Become a Golden Child, the only digital asset the U.S. government has been allowed to actively acquire. Trump’s order greens Bitcoin’s strategic reserves, mastering about 200,000 BTC from epilepsy, although most of them are designated as distribution Bitfinex.
Ministry of Finance and Commercial Department, led by Secretary Scott Bessent and Howard Lutnikresponsible for finding budget-friendly ways to enhance Bitcoin holdings.
The consequences of XRP are fast.
After the March rally, the token grabbed 10% of these gains, reflecting the disappointment in its enthusiastic “XRP Army.”
