Amid conversations around XRP as a component of the US national digital asset stockpile, a top legal analyst have shared why the coin could be a viable candidate.
Prominent legal luminary, Jeremy Hogan has weighed in on the potential inclusion of XRP in the U.S. digital asset strategic reserve.
While much of the cryptocurrency community’s conversation around XRP has focused on its technical aspects, Hogan argues for a broader perspective. He questions what might drive the U.S. government to hold the asset as part of the national digital asset stockpile.
XRP Strategic Value Over Technical Factors
According to Hogan, discussions about XRP often focus on decentralization, validator selection, and blockchain structure. However, he argued that these elements might not be the primary factors influencing a government’s decision to hold digital assets in reserve.
“A strategic reserve is an asset that the government believes it should hold in reserve in order to protect the people from something,” Hogan explained.
The attorney revealed that if the U.S. were to consider XRP, the decision would likely be driven by its perceived economic importance, prospects, and strategic value rather than its technical qualities.
Let me just throw out a thought on XRP as part of a U.S. digital asset strategic reserve.
Almost everyone on crypto-X is looking at the issue from a “crypto” perspective. Is it decentralized? How are validators chosen? Etc.
None of that really matters to the Federal Government.…
— Jeremy Hogan (@attorneyjeremy1) February 2, 2025
Furthermore, Hogan pointed out that the government has access to intelligence and long-term economic models beyond crypto enthusiasts’ reach. Applying these models might favor XRP as a component of the reserve.
Ripple’s Influence and Government Control
Hogan also addresses concerns regarding Ripple’s influence over the XRP ecosystem in his commentary. It is important to note that one common argument against adopting XRP for the strategic reserve is its centralization claims.
However, Hogan suggests that if the U.S. government sees Ripple as a potential threat to XRP, it could limit Ripple’s control over the asset. This will model how it has intervened in the past regarding national security issues.
For instance, the government could take steps such as seizing XRP in escrow or even taking control of Ripple itself. He made this proposition, alluding to past actions taken during the 1933 gold confiscation.
While no clear sign is that the government is considering XRP for its strategic reserve, Hogan’s perspective has sparked conversation on X.
Meanwhile, in its ongoing lawsuit with the U.S. SEC, Ripple Labs has requested that the deadline for submitting its appeal brief be set for April 16, 2025. They made the request to the U.S. Court of Appeals for the Second Circuit as its latest move in the case.
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