According to lawyer Fred Rispoli, XRP would need to exceed USD 5 to be considered a reserve. Utah's «reserve» could include XRP and other cryptocurrencies, which worries the community. Utah is one of the states that progresses the most in the creation of a strategic reserve. However, a detail seems to have been unnoticed: in the application there is no mention to Bitcoin (BTC). Instead, there is talk of the creation of a state treasury to invest in «certain» cryptocurrencies. This detail caught the attention of litigating lawyer Fred Rispoli, since there are speculation that XRP could be included in Utah reserves instead of Bitcoin. Rispoli commented on his X account that, due to XRP's very schedule, for the momentonly BTC can be qualified as reserve currency. For XRP to reach the necessary threshold to be considered a reserve assetyour quote should reach 5 USD. This would imply a capitalization of 500 billion dollars, that is, a quarter of the current Bitcoin capitalization.
For Rispoli, only Bitcoin qualifies as the National Reserve Assets for the United States. Fuente_ x/Freddyriz. The possible inclusion of Ripple's Token, XRP in the United States strategic reserves is unleashing criticism among specialists. Personalities such as Pierre Rochard, Vice President of Research of Riot Platform, point out that Ripple, the XRP issuing company, is carrying out an «aggressive lobby»in reference to the closeness that his CEO, Brad Garlinghouse, has been cultivating with Donald Trump. Garlinghouse has several times the inclusion of XRP as a reserve in the United States. At the end of January, according to cryptootics, declared that the country should create a reserve that represents the entire industryinstead of focusing on a single cryptocurrency. For lawyer Jeremy Hogan, XRP could become an asset to include in the United States reserves. This, based on a particular attribute that would make it an ideal currency, such as its centralization. According to Hogan, the government does not choose a reserve currency with The same criteria that a person would do soso centralization could play a key role, being a controlled currency.