Peter Schiff Questions US XRP Reserve—”What’s So Special About XRP?
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Peter Schiff criticized the U.S. decision to include XRP in its strategic crypto reserve, questioning its necessity.
While he acknowledged Bitcoin’s role as “digital gold,” he saw no clear rationale for XRP. His skepticism sparked debate, with XRP supporters citing its strong community and resilience. Charles Hoskinson defended its inclusion, while crypto influencer Dan Held surprisingly agreed with Schiff.
Despite multiple explanations, Schiff remained unconvinced. Meanwhile, Ripple CEO Brad Garlinghouse supported the initiative, emphasizing industry unity and the importance of a multichain ecosystem.
Clever Robot News Desk 3rd March 2025