Ripple's Custody Service Grows 250% as U.S. Considers Bitcoin Reserve on XRP Ledger

In recent developments within the cryptocurrency sector, a notable assertion has emerged from JackTheRippler, a prominent cryptocurrency analyst. He suggests that the United States government may consider custodial management of its assets, including Bitcoin, on the XRP Ledger. This claim, accompanied by the phrase “RIPPLE CUSTODY,” has sparked discussions regarding the potential integration of government-held digital assets with Ripple’s blockchain technology.

The backdrop to this assertion includes recent actions by the U.S. government concerning cryptocurrency reserves. On March 7, 2025, President Donald Trump signed an executive order to establish a government Bitcoin reserve, retaining approximately 200,000 bitcoins confiscated in various proceedings. This initiative aims to create a “digital Fort Knox,” storing these digital assets as a store of value. The order also mandates a comprehensive audit of the government’s Bitcoin holdings and the development of strategies to acquire more Bitcoin without additional budgetary expenses.

Furthermore, the executive order outlines the creation of a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” focusing on tokens forfeited through legal proceedings. While Bitcoins will be held permanently as reserve assets, altcoins can be sold but not purchased. This move is intended to bolster American economic competitiveness and serve as a model for other countries.

Ripple, a leading digital payments company, has expanded its services to include crypto custody solutions for banks and financial institutions. In October 2024, Ripple launched a dedicated custody service, offering a comprehensive suite of features to meet stringent security and compliance requirements. These functionalities include the integration of the XRP Ledger (XRPL), facilitating the tokenization of real-world assets, and enabling seamless trading with low fees on the XRPL. Additionally, the platform supports hardware security module options, transaction screening services, and pre-configured policy frameworks to enhance operational efficiency.

The service has experienced substantial growth, boasting a 250% year-over-year increase in new customers. Major financial institutions, including HSBC and BBVA Switzerland, have integrated Ripple’s custody service, reflecting its broad market reach and the trust placed in its solutions by leading players in the financial sector.

Ripple’s foray into the crypto custody market is bolstered by strategic acquisitions that enhance its technological capabilities and market presence. In 2