XRP News Today: Crypto Founder Claims US Treasury Secret Agreements with Ripple Since 2019

A prominent cryptocurrency founder has reignited speculation about the U.S. Treasury’s potential involvement with XRP, Ripple’s native token, suggesting an imminent government announcement could reshape the digital asset’s trajectory. Chris Farina, a well-known advocate for XRP, has reiterated claims that U.S. agencies—including the Treasury, the International Monetary Fund (IMF), and the Bank for International Settlements (BIS)—may have held secret agreements with Ripple since 2019–2020 to manage its escrowed XRP holdings. These assertions, while unverified, align with ongoing debates about Ripple’s broader ambitions to integrate XRP into the global financial system [1].

Ripple currently holds over 37 billion XRP in escrow, a reserve that Farina posits may no longer be fully under the company’s control. He points to “off-ledger acquisitions” by institutional investors, though he concedes there is no on-chain evidence to confirm this. Farina attributes the lack of transparency to non-disclosure agreements (NDAs) and private arrangements, arguing that such opacity is inherent to high-level financial negotiations [1].

Recent strategic moves by Ripple have further fueled speculation. The company has applied for a U.S. national bank charter, requested a Federal Reserve master account via Standard Custody, and launched RLUSD, a dollar-pegged stablecoin potentially custodied at the Fed. Farina interprets these actions as steps toward positioning Ripple as a full-service financial institution, capable of handling cross-border liquidity and supporting U.S. monetary infrastructure. He envisions a scenario where a Treasury endorsement of XRP could transform it into a reserve-grade asset, triggering a market shockwave [1].

Critics, however, remain skeptical. They dismiss Farina’s claims as speculative hype, emphasizing the absence of verifiable data or official statements. Despite this, the founder’s narrative has gained traction among a segment of the crypto community, who view it as a sign of institutional interest in XRP’s utility for cross-border payments.

The potential implications for XRP’s market status are significant. If the U.S. government were to publicly acknowledge its role in managing Ripple’s token, it could validate XRP’s legitimacy and attract institutional adoption. This contrasts with the token’s current regulatory uncertainties, including ongoing legal battles with the Securities and Exchange Commission (SEC). Farina’s assertions highlight the tension between speculative narratives and the need for regulatory clarity in the crypto sector [1].

The broader market reaction to such a hypothetical announcement remains uncertain. XRP’s price history has been volatile, with past developments—such as court rulings or exchange listings—triggering sharp price swings. A Treasury-issued statement, if confirmed, could either stabilize investor sentiment or exacerbate volatility, depending on the perceived credibility of the claims.

Ripple’s recent initiatives, including its pursuit of a banking charter and stablecoin, underscore its long-term strategy to bridge traditional finance and blockchain. While these moves are framed as operational necessities, they also align with Farina’s narrative of institutional integration. The company’s ability to secure a Fed account, in particular, could signal a shift in how regulators view crypto-based financial infrastructure.

The lack of on-chain evidence for Farina’s theories underscores the challenges of verifying private financial arrangements in the crypto space. Without public disclosures or audit trails, such claims remain speculative. However, the founder’s track record of bold predictions and his alignment with Ripple’s strategic goals lend his commentary a degree of credibility among supporters [1].

As the crypto market awaits further developments, the interplay between institutional adoption, regulatory scrutiny, and speculative narratives continues to define XRP’s trajectory. Whether Farina’s assertions materialize remains to be seen, but they reflect the broader debates over the role of government in shaping the future of digital assets.

Source: [1] [Buy XRP Before the US Treasury “Announces It”: Crypto Founder Explains Why] [https://coinmarketcap.com/community/articles/688606d6cacf2b5767640019/]