Multiple reports in the political arena suggest that President Trump did not initially plan to involve XRP in his Crypto Strategic Reserve, with claims that lobbyist Brian Ballard influenced this decision.
Despite purported anger from the President regarding these events, it is uncertain whether XRP's position in the Reserve will be altered. Ripple's CEO, Brad Garlinghouse, is a notable supporter of Trump's policies and has made significant contributions to Trump's election campaign.
Shocking claims have emerged regarding Trump and XRP, indicating that prior to the 2024 elections, Trump expressed intentions to establish a US Bitcoin Reserve, which included altcoins like SOL, ADA, and XRP in his proposal, much to the surprise of the crypto industry.
An article by Politico suggested that Brian Ballard, a lobbyist affiliated with Trump, may have influenced the President into endorsing XRP and other altcoins against his original plans. Ripple Labs, a client of Ballard, paid him $60,000, leading to Trump's purported outrage upon discovering this.
Following these events, Trump reportedly distanced himself from Brian Ballard. While there are speculations in the community about the potential removal of XRP and other altcoins from the Strategic Reserve, it is possible that Trump's displeasure was more related to feeling misled than a specific dislike for XRP.
Despite the allegations, there has been no official response from Trump, Ballard, or Ripple employees. The relationship between Ripple's CEO and Trump, along with the absence of any concrete developments regarding the establishment of the strategic crypto reserve, suggests that the future of XRP within the Reserve remains uncertain.