- Michael Saylor shifts stance, and supports XRP and Cardano in U.S. crypto reserve, marking a major change in his Bitcoin-only view.
- XRP sees 37% surge in trading volume, reflecting growing investor interest after being included in U.S. crypto reserve plans.
Michael Saylor, co-founder of MicroStrategy, has recently changed his stance on a U.S. crypto reserve that includes assets like XRP, Cardano (ADA), and Solana (SOL). In a recent interview, Saylor acknowledged the inclusion of these cryptocurrencies, marking a shift in his previously strict Bitcoin-only view.
BREAKING: 🇺🇸 MICHAEL SAYLOR DISCUSSES U.S. CRYPTO RESERVE – INCLUDING $BTC, $ETH, $XRP, $SOL & $ADA!
“XRP is attached to a company @Ripple.” Stated The Fox Reporter
“ I think those are tokens and we should have a regulatory framework that allows those to be issued” – @saylor… pic.twitter.com/jc0DeuCjKO
— Good Morning Crypto (@AbsGMCrypto) March 5, 2025
This development follows the announcement from U.S. President Donald Trump, who confirmed plans for a national crypto reserve that would include Bitcoin, Ethereum (ETH), XRP, and Cardano.
For years, Saylor has advocated Bitcoin, often dismissing altcoins as inferior. He previously criticized XRP as an unregistered security and supported regulatory action against it. However, in light of recent developments, Saylor, as reported by ETHNews, now seems to view XRP and Cardano in a more positive light, suggesting their inclusion in the U.S. crypto reserve is beneficial for the crypto market.
During an interview with CNBC, Saylor commented on the possible reserve, which would feature Bitcoin alongside these altcoins. He stated that he believed the U.S. should adopt a regulatory framework that allows for the issuance of various tokens, including XRP and Cardano.
Michael Saylor says that adding adding other tokens like XRP Solana Carano to the US strategic crypto fund, is bullish for bitcoin and is bullish for the entire US crypto industry 🏁🇺🇸 pic.twitter.com/YA8muYNrvG
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) March 3, 2025
The Role of XRP in the U.S. Crypto Reserve
XRP’s inclusion in the proposed U.S. crypto reserve is because it was once considered by many, including Saylor, as an asset with questionable regulatory standing. However, with Trump’s announcement of a multi-token reserve, XRP now seems expected to play a larger role in the U.S. crypto market. Saylor has acknowledged that the inclusion of XRP, along with Cardano and Solana, is a more inclusive digital asset strategy, which he believes could lead to economic benefits for the U.S.
The announcement of a multi-coin U.S. crypto reserve has received mixed reactions from industry leaders. Some see it as a sign of diversification in the digital asset space, while others question the practicality of including tokens with known issuers like XRP and Cardano. Critics like Tyler Winklevoss, co-founder of Gemini, argue that Bitcoin remains the only true candidate for such a reserve due to its decentralized nature.
I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is bitcoin.
Many of these assets are listed for trading on @Gemini and meet our rigorous… pic.twitter.com/q32qlaFDKJ
— Tyler Winklevoss (@tyler) March 3, 2025
Additionally, some have expressed concerns that pairing Bitcoin with altcoins may dilute the reserve’s intended purpose. Jake Chervinsky, Variant’s CLO, emphasized the need to focus on stablecoin regulation and market structure rather than adding multiple tokens to the reserve.
Despite the controversy surrounding the reserve’s composition, XRP has recorded increased trading activity. During the time of writing, XRP was trading at $2.51, recording an increase of 3.99% over the past 25 hours.
On the Canadian exchange, WonderFi, XRP’s trading volume surged by 37%, indicating growing interest in the token. This uptick in XRP trading reflects investor optimism about the token’s future role in the U.S. crypto landscape, especially as it becomes part of a national crypto reserve.