Recent rumors about the inclusion of XRP and Hedera (HBAR) in a potential national cryptocurrency reserve under Donald Trump’s incoming administration have been debunked by <a href="https://www.cryptoknowmics.com/news/cardanos-20-price-dip-could-signal-a-recovery/" target="_blank" rel="noopener">Cardano</a> founder Charles Hoskinson. The speculation originated from Shawn (@oroogle) on X, who claimed the reserve would incorporate Bitcoin, XRP, and HBAR as "American Commodities" to strengthen the U.S.'s global crypto leadership.

Shawn further alleged plans for integrating Hedera and Ripple technologies into U.S. electoral and financial systems, alongside tax exemptions for domestically developed cryptocurrencies—a move reportedly backed by Eric Trump.
<h2>Hoskinson Addresses Misinformation</h2>
[embed]https://twitter.com/oroogle/status/1869187170725990684[/embed]

<b>
</b>Hoskinson refuted these claims, stating that any potential U.S. crypto reserve would likely focus solely on Bitcoin, with no intention to include alternative cryptocurrencies. His comments sparked mixed reactions within the crypto community, with some applauding his effort to maintain accuracy and others questioning his motivations, citing Cardano’s exclusion from the rumored plans.
<h2>Skepticism from Industry Experts</h2>
<b>
</b>BitMEX co-founder Arthur Hayes also weighed in, dismissing the likelihood of a national cryptocurrency reserve. Hayes argued that existing government priorities, such as social program funding, make such an initiative improbable. Additionally, he warned of potential market volatility linked to the president-elect’s pro-crypto stance, especially around the anticipated January 2025 inauguration.
<h2>Reality Check for Crypto Enthusiasts</h2>
<b>
</b>While Donald Trump has demonstrated support for cryptocurrencies, including the nomination of a pro-crypto SEC Chair successor, the idea of a multi-asset national crypto reserve remains speculative at best. For now, the focus remains on Bitcoin as the centerpiece of any such initiative, leaving XRP and HBAR enthusiasts with unanswered questions.

<em><strong>Disclaimer: </strong></em>The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Hoskinson Dismisses XRP, HBAR Rumors in U.S. Crypto Reserve Speculation

Charles Hoskinson debunks rumors of XRP and HBAR inclusion in a U.S. crypto reserve. Experts warn against market volatility amid Trump’s pro-crypto stance.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Hoskinson Dismisses XRP, HBAR Rumors in U.S. Crypto Reserve Speculation

Top Picks