XRP News Today: Ripple Co-Founder Suggests U.S. Treasury Secret XRP Agreements Since 2019 Could Trigger Market Shock

Ripple co-founder Chris Farina has reignited speculation about a potential U.S. Treasury announcement involving XRP, suggesting the agency and other global institutions may already hold undisclosed agreements with Ripple dating back to 2019–2020. Farina’s claims hinge on the idea that the Treasury, the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) could be secretly linked to Ripple’s escrowed XRP holdings through non-disclosure agreements. These assertions align with broader theories that XRP could play a role in international monetary systems, particularly if the Treasury were to formalize its connection to the asset [1].

Ripple maintains control over approximately 37 billion XRP in escrow, but Farina argues that much of this supply may no longer be entirely under the company’s direct control. He attributes this to “off-ledger acquisitions” by major institutions, though he acknowledges there is no on-chain evidence to support this claim. Farina emphasizes that the lack of transparency stems from the nature of private agreements and NDAs, which obscure such transactions from public view [1].

Recent actions by Ripple have fueled this speculation. The company has applied for a U.S. national bank charter, requested a Federal Reserve master account via Standard Custody, and launched a dollar-pegged stablecoin (RLUSD) potentially custodied at the Fed. Farina interprets these moves as steps toward establishing Ripple as a “full-fledged bank,” capable of managing cross-border liquidity and integrating into the U.S. monetary system [1]. He further posits that a confirmed Treasury involvement with XRP could validate the asset as a reserve-grade instrument, triggering a “shock” to global markets [1].

Critics remain skeptical, dismissing Farina’s theories as unverified hype. However, the speculation has drawn renewed attention to Ripple’s broader strategy, particularly its push for regulatory legitimacy. The company’s efforts to diversify into financial infrastructure, such as stablecoins and banking services, underscore its ambitions beyond XRP’s current role as a digital asset.

While the debate over XRP’s future rages on, the absence of concrete evidence for Farina’s claims means the market remains divided. Analysts caution that any potential Treasury announcement would need to withstand rigorous scrutiny, given the lack of public data supporting the alleged agreements. The situation highlights the challenges of assessing market-moving claims in the crypto space, where speculation often precedes verifiable facts [1].

Sources:

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