Trump’s Social Media Move Ignites Crypto Buzz
By: cointurk|2025/05/12 16:30:05
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Recently, social media has been abuzz with discussions centered around a claim that U.S. President Donald Trump blacklisted XRP. However, the reality is quite different. On March 2, 2025, Trump shared a message on his social media account announcing the inclusion of XRP, Solana $ 179 , and Cardano $ 0.838047 into the U.S. “strategic cryptocurrency reserve.” Criticizing the current administration, Trump promised to make the country a global leader in cryptocurrency. Yet, he deleted the post in less than 24 hours, sparking speculation. There has been no official statement or document indicating that XRP is under any ban or restriction, revealing a personal dissatisfaction and misdirection instead. Trump’s Confusing XRP Announcement Trump’s announcement was deemed a “surprise” by investors and industry watchers. He sharply criticized the Biden administration’s cryptocurrency policies and stated that XRP, Solana, and Cardano would be part of the U.S. reserve. However, within less than a day, this message was deleted. This action led many to consider the possibility of “XRP being banned.” Additionally, Trump’s team admitted that they did not review the post before its publication and that it was released in haste. Upon analyzing the process, the deletion and lack of an official cancellation declaration reveal a reactionary, not strategic, move. It emerged that the message text was provided by lobbyist Brian Ballard, who reportedly had close ties with Ripple $ 2 Labs. The message was allegedly designed in favor of XRP, received directly by Trump, and approved without adequate investigation. The message was deleted once Ballard’s Ripple connection surfaced, angering Trump and leading him to sever ties with the lobbyist. The incident stemmed from misdirection and disappointment rather than an official ban. XRP Stays Clear of Official Blackout Official sources have confirmed that neither Trump nor his team has taken any restriction or ban decisions on XRP. There has been no directive or statement on cryptocurrency bans from either the White House or other federal institutions. Following the incident, regulatory bodies like the SEC have not considered imposing additional sanctions on XRP. Thus, the claim of “XRP being blacklisted” remains a media-driven narrative. In the field, XRP investors expressed their reactions through price movements. Despite circulating rumors of a Trump ban, XRP maintained strong performance. Ripple is known to have made political contributions in the past and even held high-level meetings with Trump. Additionally, lawyer Bill Morgan humorously addressed the issue on social media, recalling the SEC’s reduced sanctions on Ripple and commenting, “Trump is upset, but there’s no official ban.”
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