Missouri is advancing a bill to include XRP in a state-managed crypto reserve alongside Bitcoin, Ethereum, Solana, and USDC. The House Committee Substitute for HB 2080, sponsored by Representative Ben Keathley, received a "Do Pass" recommendation after a 6–2 vote in the Commerce Committee. The bill aims to create a Strategic Reserve Fund, allowing the State Treasurer to buy, hold, and manage crypto assets as part of a long-term strategy. The proposal also enables the use of USDC for tax and fee payments, expanding crypto's real-world application in state systems. The bill outlines compliance measures, including prohibiting transactions with foreign or illegal entities and requiring biennial transparency reports. This initiative reflects growing institutional adoption of digital assets and aims to modernize Missouri's financial infrastructure.
Missouri Bill Proposes XRP in State Crypto Reserve
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