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XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

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Source: Coin Telegraph

Crypto advocates split hairs on whether XRP deserved to be in the digital asset stockpile, with many questions revolving around the token’s utility.

Ripple’s XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US strategic crypto reserve.

Trump’s executive order on March 6 established a new structure for the altcoins — the Digital Asset Stockpile, managed by the Treasury. 

While the crypto community remains divided on whether XRP is truly as valuable as President Trump suggests, a closer look at the altcoin’s utility is warranted. 

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Author: Marie Poteriaieva