Ripple CEO Brad Garlinghouse has officially announced that XRP will be included in the U.S. government's strategic digital asset stockpile, marking a significant milestone for the cryptocurrency. In an interview with Bloomberg, Garlinghouse revealed that this move is part of a broader government plan to create a diversified reserve of digital currencies to strengthen the country's economic position.
The inclusion of XRP in the government reserve signals growing institutional trust and represents the highest level of governmental adoption recognition for the digital asset. Garlinghouse emphasized that XRP will be part of a crypto stockpile "alongside other major digital assets," transitioning it from a trading asset to a trusted digital currency for institutional use.
Additionally, Garlinghouse discussed the potential launch of an XRP exchange-traded fund (ETF), predicting it could be approved before the end of 2025. Over ten companies, including major firms like Bitwise and Franklin Templeton, have submitted ETF applications to the SEC. An XRP ETF would provide investors with a safer, regulated way to invest and is expected to increase liquidity and institutional participation.
The growing institutional interest in XRP is becoming increasingly apparent, with large financial institutions, hedge funds, and other major players looking at XRP as a portfolio diversification tool. This combination of government inclusion and upcoming ETF could transform XRP from a speculative asset to a regulated investment option, potentially inspiring other governments and institutions to follow similar approaches toward cryptocurrency adoption.