On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,’ immediately sparking interest and speculation.
In five pages, the document presents a rough outline of how XRP might become a strategic tool in America’s financial arsenal while also proposing the role of several other cryptocurrencies.
XRP as a strategic asset: The why
In the first section, the document assumes that a government-level adoption of the token could release as much as 30% of the U.S.’ $5 trillion share of the global Nostro accounts – $1.5 trillion – and provide $7.5 billion in annual savings on transaction fees.
Furthermore, despite the ‘comprehensive proposal’ being centered on XRP, it acknowledges the role of Bitcoin (BTC) as the strategic reserve asset. Thus, it proposes directing the savings towards BTC acquisition.
The text states that the potential purchase coul
We współpracy z: https://finbold.com/sec-website-posts-document-naming-xrp-as-a-strategic-asset-for-u-s/
