Founder Claims XRP Could Offset US Debt, Faces Legal Challenges

Joshua Dalton, founder of Triblu, suggests that XRP holders could see substantial wealth if the token is used in a US strategic crypto reserve. He argues XRP is more suitable than Bitcoin for this role due to its ties to a US-based company.

Dalton's Proposal

  • The US national debt stands at approximately $38 trillion.
  • Ripple holds about 34.4 billion XRP in escrow.
  • An XRP price near $883 would be needed to offset 80% of the debt.
  • Current XRP trades around $1.91, implying a potential rise of over 46,000%.

Comparative Analysis

  • Bitcoin would need to reach about $30 million per coin to achieve a similar debt-offset goal.
  • This represents a gain of over 33,000% from its current price near $89,000.

Legal and Market Challenges

  • US policy currently favors Bitcoin as a reserve, limiting XRP's potential role.
  • Ripple’s escrow is privately controlled, requiring legal actions for government acquisition.
  • Large-scale selling of XRP on global markets could depress its price.

Potential Wealth Scenarios

  • Significant gains for holders: 10,000 XRP could increase from $19,100 to nearly $9 million.
  • 179,546 wallets hold between 5,000 and 10,000 XRP.
  • Largest reserves are held by Ripple, founders, or exchanges.

Market Reaction and Expert Opinions

  • Analysts argue Bitcoin remains the best option for large-scale fiscal use.
  • XRP's speculative outlook for 2026 focuses on market demand and regulatory developments.