Conor McGregor Discusses XRP’s Place In U.S. Strategic Reserves

by Trevor Jones
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At present, UFC legend Conor McGregor is showing interest in XRP; he is looking at more than just Bitcoin because the U.S. is thinking about using different kinds of digital money. McGregor, who supports the idea of a Bitcoin reserve, is now learning about how XRP, Cardano, and Solana work without central control, which is causing people in the crypto community to talk and argue.

McGregor’s New Focus: Learning About XRP

In a post on X (formerly Twitter), McGregor said he wants to learn more about XRP and other altcoins. He mentioned that he had been told only Bitcoin and Ethereum are fully decentralised, but the U.S. government’s decision to add XRP, Solana, and Cardano to its planned crypto reserve made him interested and want to learn more.

This happened after the U.S. started talking about creating a Strategic Bitcoin Reserve earlier this year. Now, some states like Texas and New Hampshire are doing the same. Other countries, like Ukraine and Ireland, might join in. McGregor has even planned a meeting with El Salvador’s President, Nayib Bukele, to talk about doing something similar in Ireland.

XRP Supporters Speak Out

However, XRP supporters were quick to defend how decentralised it is. Important people like XRPL validator Vet and Anodos Finance founder Panos Mekras said XRP is just as decentralised as Bitcoin and Ethereum. They mentioned recent updates to the XRP Ledger that make it more decentralised and useful. Some experts also pointed out that XRP was one of the first to use features like token burning and turning real-world assets into digital tokens

.Dom Kwok from EasyA explained to McGregor that Bitcoin is mainly used to hold and store value, like digital gold. But XRP, Solana, and Ethereum can do more and have practical uses. That’s why, he said, the U.S. government is interested in these other coins; they offer real-world benefits.

In reply, a crypto expert named J.L. disagreed with Vet. He said that saying the reserve will only have Bitcoin is wrong. He explained that the U.S. crypto reserve will also include ETH, XRP, SOL, and ADA, and it’s only beginning with Bitcoin. He also said people are ignoring the fact that it will be a big collection of crypto and pointed to a statement from the Treasury after the executive order as proof.

XRP ETF Expectations on the Rise

On the other hand, XRP is catching the eye of institutions. Assuming a spot, XRP ETF is rising, with odds at present standing at 83%, even though the SEC is delaying. McGregor’s interest in XRP is growing at a time when big governments and investors are rethinking which cryptocurrencies should be part of the future of digital money.

Read also:- Glassnode Data Uncovers the Hidden Forces Driving Crypto Price Pumps

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.

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