A document titled “Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.” has been circulating widely on social media, drawing attention from the XRP community . The document, which appears on the SEC’s website, presents an economic analysis of XRP’s potential to unlock trillions in liquidity, lower transaction costs, and contribute to the establishment of a national Bitcoin reserve. The proposal outlines key financial insights, estimating that the U.S. share of global Nostro accounts amounts to $5 trillion, with XRP potentially unlocking $1.5 trillion in capital. It also suggests that using XRP could result in $7.5 billion in annual savings on transaction fees. Additionally, it mentions a potential Bitcoin reserve, calculating that at a rate of $60,000 per BTC, the U.S. could purchase 25 million BTC. Clarification from XRPL Validator Vet Following the document’s circulation, XRPL validator Vet clarified that this proposal is not an official SEC document but a submission from an independent party. Vet stated , “Anyone can submit proposals and comments to the SEC and within a short review time it’s posted on the website. This is not a document authored by the SEC itself regarding an XRP Strategic Reserve.” Anyone can submit proposals and comments to the SEC and within a short review time it's posted on the website. This is not a document authored by the SEC itself regarding a XRP Strategic Reserve. pic.twitter.com/TdmEg82rz3 — Vet (@Vet_X0) March 13, 2025 This clarification comes amid speculation that the SEC considered XRP part of a national financial strategy. While the proposal suggests regulatory actions that align with the interests of many XRP proponents, its presence on the SEC’s website does not indicate official support. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Regulatory Recommendations in the Proposal The document also outlines a legal pathway for XRP adoption in the U.S. financial system. It proposes that the SEC classify XRP as a payment network rather than a security, calls for the DOJ to remove restrictions on XRP-based bank transactions, and recommends that the Federal Reserve and OCC integrate XRP into liquidity solutions. Despite these recommendations, no regulatory agency has confirmed any intention to adopt these measures. The document remains an independent proposal rather than a statement of policy. Reactions from the XRP Community The proposal was widely shared by prominent XRP figures, leading to a discussion about responsible information-sharing. A user named Badwie commented , “And yet most of the big XRP guys on X reposted this without researching it first… please guys, don’t share just to be the first… removes belief in you!” This response highlights concerns that rushing to share information without verification can mislead the community. Verifying Information in Crypto Discussions The document’s rapid spread and subsequent clarification emphasize the need to evaluate regulatory developments carefully. While XRP supporters remain focused on achieving legal clarity and broader adoption, distinguishing between official positions and independent proposals is essential for maintaining credibility in the discussion. Although the proposal presents an optimistic view of XRP’s role in the financial system, its presence on the SEC’s website should not be interpreted as an endorsement. The incident serves as a reminder of the importance of verifying sources before concluding. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post SEC Did Not Author This XRP Strategic Reserve Document, XRPL Validator Clarifies appeared first on Times Tabloid .
