- Former President Trump’s XRP post stirred White House concerns.
- Ripple Labs indirectly linked to lobbying activities.
- Potential shift in crypto-related policy discussions.
Trump’s social media post supporting an XRP-inclusive crypto reserve, made on March 2, 2025, was deleted after he discovered undisclosed linkages to Ripple Labs, creating tensions in White House circles.
The incident reveals the tenuous connections between politics and cryptocurrency, highlighting the complexities of policy decisions involving digital assets.
Bold connections emerged when Trump’s deleted social media post about a crypto reserve included XRP and other cryptocurrencies. The post’s removal followed revelations of unexplained ties between Ballard Partners and Ripple Labs.
Key Figures Involved
Key figures involved include Donald Trump, who expressed frustration over the situation; lobbyist Brian Ballard, now edged out of White House engagements; and Ripple Labs, tied to Ballard Partners. The reaction prompted introspection at Ripple.
Ripple Labs has previously been involved in political donations and meetings, with market analysts closely watching XRP’s performance. Despite the uproar, financial interests continue to approach Ripple optimistically, noting the company’s consistent revenue and market presence.
“After learning about potential undisclosed connections to Ripple, I became furious.” — Donald Trump, Former President of the United States.
Lobbyist Brian Ballard’s ties to Trump have now waned. Consequently, Ripple Labs faces scrutiny. Analysts predict that XRP maintains its potential in the current crypto market climate. Emboldened by a past donation, Ripple remains influential.
Financial ramifications could include regulatory adjustments as the conflict influences industry-government relations. Market dynamics may adjust favorably or unfavorably, contingent upon technological and policy developments that emerge from Ripple’s ongoing influence.