‘Bitcoin reserve or nothing’ — Ripple slammed for pushing multi-asset reserve
The Bitcoin community is unhappy with Ripple pushing the creation of a diversified crypto reserve, slamming the firm for “prioritizing their own interests.”
The Bitcoin community is criticizing Ripple for advocating a multi-coin strategic reserve in the US instead of a Bitcoin-only reserve, sparking heated debate within the crypto space.
Bitcoiners have accused Ripple of being the “biggest obstacle” to a US Strategic Bitcoin Reserve due to it actively promoting the inclusion of multiple coins, including XRP (XRP).
On Jan. 16, The New York Post reported that Trump is receptive to the idea of setting up a strategic reserve comprising US-based tokens such as USD Coin (USDC), Solana (SOL) and XRP.
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Author: Helen Partz
