Joshua Dalton, founder of Triblu, has proposed using XRP as a strategic reserve asset for the United States, suggesting it could significantly increase in value. Dalton estimates that if XRP were used to offset 80% of the $38 trillion US debt, its price could reach $883, marking a 46,000% increase from its current value of $1.91. This proposal has sparked debate, with some highlighting potential legal challenges and market distortions due to Ripple's control over XRP. While Dalton's proposal suggests substantial gains for large XRP holders, critics, including VanEck's Matthew Sigel, argue that Bitcoin is a more suitable asset for macro fiscal purposes. The discussion has led to mixed reactions in the market, as reflected in the fear and greed index readings.
Triblu Founder Proposes XRP as US Strategic Reserve Asset
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