{"id":26018,"date":"2025-05-09T14:31:52","date_gmt":"2025-05-09T14:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26018"},"modified":"2025-05-09T14:31:52","modified_gmt":"2025-05-09T14:31:52","slug":"trump-duped-into-endorsing-xrp-for-crypto-reserve-heres-how","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26018","title":{"rendered":"Trump Duped Into Endorsing XRP For Crypto Reserve: Here\u2019s How"},"content":{"rendered":"<div>\n<p>XRP took center stage early on Sunday, March 2, when President Donald Trump, posting to Truth Social, urged creation of a \u201c Strategic CryptoReserve\u201d that would hold the token alongside Solana and Cardano\u2014only to learn hours later that the move had quietly advanced the interests of Ripple Labs, a paying client of lobbyist Brian Ballard, and left the president feeling, as one aide put it, \u201cplayed.\u201d<\/p>\n<h2>Here\u2019s How Trump\u2019s XRP Post Was Made<\/h2>\n<p>The incident began at Mar-a-Lago, where a Ballard Partners staffer repeatedly pressed Trump to publish pre-drafted language extolling specific digital assets, as Politico <a href=\"https:\/\/www.politico.com\/news\/2025\/05\/08\/ballard-trump-wiles-lobbyist-00333953\" target=\"_blank\" rel=\"noopener nofollow\">reports<\/a>. After two brushoffs, the president <a href=\"https:\/\/bitcoinist.com\/ripple-pushed-solana-into-trumps-crypto-reserve\/\" target=\"_blank\" rel=\"noopener \">handed the text<\/a> to an aide, and the message went live:<\/p>\n<p>\u201cA US Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the US is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!\u201d<\/p>\n<p>Moments later, West Wing officials realized Ripple sat on Ballard\u2019s roster, provoking immediate anger. \u201cHe felt like he\u2019d been used,\u201d two officials familiar with the reaction said. Trump vented, \u201cHe is not welcome in anything anymore,\u201d effectively freezing Ballard out of White House meetings.<\/p>\n<p>White House \u201ccrypto czar\u201d <a href=\"https:\/\/bitcoinist.com\/crypto-czar-david-sacks-drops-bombshell-us-weighing-bitcoin-reserve-strategy\/\" target=\"_blank\" rel=\"noopener \">David Sacks<\/a> phoned Chief of Staff Susie Wiles within minutes, warning the post undercut a government crypto summit planned for the following week. Trump famously released another post: \u201cAnd, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!\u201d<\/p>\n<p>Wiles tracked the prompt back to Ballard\u2019s employee, and a senior aide blasted the lobbyist by phone for \u201chawking his client.\u201d Staff instructions soon followed: no more meetings with Ballard.<\/p>\n<p>Ballard insisted to Politico that talk of a freeze is exaggerated: \u201cWe are accustomed to false accusations \u2026 despite these unnamed sources, Ballard Partners will continue to deliver results.\u201d He cited post-incident fundraiser invitations and a scheduled call with a senior official as proof he is not persona non grata. Yet several of his clients have quietly approached other Trump allies to secure face time\u2014an implicit acknowledgment that access now comes at a premium.<\/p>\n<p>Ripple\u2019s courtship of Trump predates the flap. Chief Legal Officer Stuart Alderoty <a href=\"https:\/\/bitcoinist.com\/ripple-clo-alderoty-300000-xrp-donald-trump\/\" target=\"_blank\" rel=\"noopener \">donated<\/a> more than $300,000 to pro-Trump committees in 2024; Ripple contributed $5 million in XRP to the inaugural fund and remains a major backer of the Fairshake PAC.<\/p>\n<p>Whether those ties explain XRP\u2019s starring role remains unclear, but on March 6 the president signed an <a href=\"https:\/\/bitcoinist.com\/bitcoin-trump-strategic-reserve-order\/\" target=\"_blank\" rel=\"noopener \">executive order<\/a> establishing a federal \u201cDigital Asset Stockpile,\u201d echoing the reserve concept that sparked the uproar, but with a major difference: The Strategic Reserve is buy-only BTC and hold. The Crypto Stockpile is hold or sell-only.<\/p>\n<p>At press time, XRP traded at $2.29.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-470130\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?resize=1024%2C453\" alt=\"XRP price\" width=\"1024\" height=\"453\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/XRPUSDT_2025-05-09_07-29-21.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP took center stage early on Sunday, March 2, when President Donald Trump, posting to Truth Social, urged creation of a \u201c Strategic CryptoReserve\u201d that would hold the token alongside Solana and Cardano\u2014only to learn hours later that the move had quietly advanced the interests of Ripple Labs, a paying client of lobbyist Brian Ballard, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26018","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26018"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26018\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}