XRP News Today: XRP CEO Claims US Treasury Controlled Escrow in 2020

Edoardo Farina, the CEO of Alpha Lions Academy, has recently made a significant claim regarding the United States Treasury's involvement with XRP escrow. In a tweet published on X, Farina urged his followers to acquire XRP before what he described as the “next BIG announcement.”

According to Farina, the U.S. Treasury secretly gained partial control over XRP’s escrow account in mid-2020. This claim suggests that the acquisition was conducted without widespread public knowledge at the time. Farina has made similar assertions in the past and has restated his belief that Ripple, the company closely associated with XRP, would transition into a full-fledged banking entity. He referred to previous criticism he received for making such predictions and implied that recent developments are now validating his position. “They called me crazy when I said @Ripple would become a bank,” he stated. “Now watch it all unfold.”

Farina's tweet prompted immediate reactions from various members of the XRP community. User Caspian interpreted the message in the context of broader structural changes, stating, “Quiet moves often signal deep shifts, when escrow control and banking align, it builds a system positioning $XRP for scalable influence beyond the headlines.” The user appeared to view the purported link between escrow authority and financial institution transformation as part of a coordinated strategy. In contrast, user /chemicalbeats expressed skepticism by asking, “How sure are you about the US Treasury part?” The question reflects ongoing uncertainty and the need for further clarity or confirmation regarding Farina’s claim.

XRP’s escrow system was introduced by Ripple in 2017 as a mechanism to lock and systematically release a large portion of its XRP holdings in monthly tranches, helping manage supply. Ripple placed 55 billion XRP into escrow to release up to 1 billion XRP per month, with unused amounts returned to escrow. The company has stated this structure was designed to provide transparency and predictability. Farina’s claim that the U.S. Treasury assumed control of part of this escrow in 2020 has not been publicly confirmed by Ripple or any government agency. No official record or regulatory document currently supports such an arrangement. Nevertheless, the assertion continues to circulate among segments of the XRP community and is periodically revisited when speculation intensifies around Ripple’s future direction or government partnerships.

Ripple has maintained relationships with multiple financial institutions and central banks, particularly through its cross-border payments infrastructure. It has also participated in policy dialogues involving digital asset regulation, including engagements with the U.S. Treasury Department and international financial bodies. However, these relationships have largely been described in the context of regulatory compliance and global payments innovation, not custodial control over digital asset escrows. The suggestion that Ripple could evolve into a bank is not a new narrative among digital asset commentators. Such a transition would require licensing, regulatory approvals, and a reorientation of Ripple’s business model. While Ripple has expanded its influence across the payments sector and launched RLUSD, its own U.S. dollar stablecoin, it has not publicly announced plans to convert into a traditional or crypto-native bank. Until confirmed by Ripple or government entities, such statements should be regarded as unverified claims.