XRP took the central place early on Sunday, March 2, when President Donald Trump, publishing to the truth, called for the creation of “strategic kryptareserves”, which would keep the token next to Solan and Cardano – just to find out that the movement quietly developed the interests of Ripple Labs, paid client Lobrist Ballar.
Here’s how XRP Trump was created
The incident began in MAR-A-Lago, where the Ballard Partners employee repeatedly pressed Trump to publish a pre-delayed language, capturing specific digital assets as Politico Reports. After two brushes, the president gave the SMS a helper, and the message was launched:
“The American cryptographic reserve will raise this critical industry after years of corrupt Biden administration attacks, which is why my executive order in the field of digital assets recommended the presidential working group, so that it is again suitable for the cryptocurrency strategic reserve again!”
A moment later, West Wing officials realized that Ripple sat on the Ballard list, causing immediate anger. “He felt like he was used,” said two officials familiar with the reaction. Trump said: “He is no longer welcome,” effectively freezing Ballard from the Meetings of the White House.
The White House “Crypto Czar” David Sacks called the Chief of Staff of Susie Wiles within a few minutes, warning the undercut of the government of the Government Cryptographic Summit planned for the next week. Trump is notable for the next post: “And of course BTC and ETH, as other valuable cryptocurrencies, will be the heart of the reserve. I also love Bitcoin and Ethereum!”
Wiles tracked the hint of Ballard’s employee, and the senior advisor blew up the lobbyist by phone for “Hawking of his client”. Soon there were instructions for the staff: Never again meetings with Ballard.
Ballard insisted on Politico that the conversation about freezing is exaggerated: “We are used to false accusations … Despite these unnamed sources, Ballard partners will continue to achieve the results.” He cited invitations to the fundraiser after the incident and a planned connection with a higher official, because the evidence is not a personality of non grata. However, several of his clients have quietly approached Trump’s other allies to protect his face time – the default recognition that access is now able to access.
Pour the ripple about Trump ahead of the flap. In 2024, the legal director of Stuart Alderoty donated over $ 300,000 to the Pro-TRUMP committees; Ripple contributed to XRP $ 5 million to the inaugural fund and remains the main supporter of PAC Fairshake.
Whether these ties explain the main role of XRP remains unclear, but on March 6 the president signed an executive order establishing the federal “digital assets”, reflecting the concept of the reserve, which caused confusion, but with the main difference: the strategic reserve is exclusive BTC and holding. Cryptual shares are kept or sold.
In the XRP press it traded $ 2.29.
A distinguished painting created from Dall.e, chart from tradingview.com
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