U.S. Banking System Integration Discussions Mentioned by Morgan Creek's CEO Regarding XRP
The latest financial news does not provide any credible evidence of discussions taking place about the potential inclusion of XRP, Cardano (ADA), or Hedera (HBAR) in the U.S. national reserve. There are no official statements, regulatory filings, or authoritative reports indicating such consideration by U.S. authorities or the Federal Reserve.
Ripple, the company behind XRP, has applied for a national bank trust charter with the U.S. Office of the Comptroller of the Currency. This move aims to expand its regulated crypto services in the U.S., but it is unrelated to any national reserve status. BNY Mellon, a major U.S. custodian bank, has been appointed as the custodian for the reserves backing Ripple's new stablecoin, Ripple USD (RLUSD). This is about stablecoin reserves, not the U.S. national reserve.
The Federal Reserve’s real-time settlement system, Fedwire, has officially adopted the ISO 20022 messaging standard. Many banks worldwide, including those in the U.S., may now consider ISO 20022-compliant cryptocurrencies for private-sector cross-border payments and settlement. This is a technical and operational upgrade, not an endorsement or inclusion in the U.S. monetary reserves.
Mark Yusko, CEO of Morgan Creek Capital, has expressed an opinion about the potential inclusion of XRP, ADA, and HBAR in the proposed U.S. national reserve. However, no verifiable public statement or recent interview from Yusko has surfaced in major news outlets directly connecting these cryptocurrencies to the U.S. national reserve. If Yusko suggested such a scenario, it would be a speculative opinion, not a reflection of current policy discussions or regulatory action.
The actual developments involve institutional adoption of these assets for payments (thanks to ISO 20022) and Ripple’s pursuit of a U.S. banking charter. There is no similar movement for ADA or HBAR in the U.S. regulatory space at this time. None of these cryptocurrencies is being discussed by U.S. authorities as a potential component of the official U.S. reserve assets. No major central bank has indicated plans to add cryptocurrencies to national reserves, and the U.S. is no exception based on current public information.
MARA CEO Fred Thiel has advocated for the adoption of a strategic Bitcoin reserve across all 50 states and at the federal level in the U.S. At the time of writing, XRP is trading around $3.17, having reached an intraday high of $3.50 two hours prior, and breaking a seven-year high at $3.40 on January 16. No other cryptocurrencies, apart from Bitcoin, XRP, ADA, and HBAR, were mentioned as being under consideration for inclusion in the proposed U.S. national reserve.
During his presidential campaign, Donald Trump and his supporters expressed opposition to the digital dollar due to concerns about surveillance and individual freedoms. The specific reasons why ADA and HBAR were mentioned as potential additions to the proposed U.S. national reserve were not detailed by Mark Yusko. Mark Yusko mentioned that the founders of these cryptocurrency projects aim to make contact with the inner circle of Donald Trump, specifically his son Eric. Always verify such claims with primary, authoritative sources before accepting them as fact.
Bitcoin, as an asset, is being considered for strategic adoption across the U.S., with MARA CEO Fred Thiel advocating for a Bitcoin reserve. In contrast, there is no similar movement for XRP, Cardano (ADA), or Hedera (HBAR) in the U.S. regulatory space, and none of these cryptocurrencies are being discussed as potential components of the official U.S. reserve assets. Finance and technology are intertwined in this context, with Bitcoin's potential adoption representing a significant step in the business of digital currency.
