A recent post by crypto commentator All Things XRP has drawn attention to a significant development in U.S. economic leadership. The appointment of Scott Bessent as Treasury Secretary under President Donald Trump may signal a new era for digital assets, particularly XRP, as institutional barriers continue to fall. The tweet outlines Bessent’s credentials, his philosophy on crypto, and his early actions in office, asserting that his role could move XRP from the periphery to the center of U.S. financial strategy. According to the tweet, Scott Bessent is not a traditional political figure but a seasoned macro investor with over four decades of experience in global markets. His reputation was solidified in 1992, when he helped George Soros generate over $1 billion in profits during the infamous shorting of the British pound. With Bessent overseeing U.S. economic and crypto policy, his influence may extend well beyond traditional finance. Bessent’s Stance: “Crypto Is About Freedom” The post highlights Bessent’s direct quote from a July 2024 interview with Fox Business where he said, “Crypto is about freedom — and the U.S. shouldn’t fall behind.” The commentator emphasizes that this view is not merely symbolic, suggesting Bessent sees digital assets as integral to the United States’ strategic positioning in a rapidly evolving financial world. Under his leadership, digital assets are reportedly being treated not as speculative tools but as instruments of monetary sovereignty and international competitiveness. The tweet further notes that XRP is no longer absent from high-level government dialogue. In a policy session on digital assets, President Trump explicitly referenced XRP, including Bitcoin, Solana, and Cardano. The post interprets this as a signal that XRP has entered official policy discussions and is now seen as a digital asset with national importance. Legal Clarity Removes Institutional Barriers Legal clarity surrounding XRP also plays a central role in the tweet. It asserts that the lawsuit filed by the U.S. Securities and Exchange Commission has concluded, with the results favorable to Ripple. According to the tweet, XRP is “not a security,” Ripple has prevailed, and “legal clarity is here.” This development, coupled with Bessent’s new role, removes previous uncertainties that had inhibited institutional investment and integration. The commentary speculates on the possibility that Ripple anticipated these shifts in government. It refers to unnamed sources in Washington who claim Ripple was in quiet contact with Treasury staff during Bessent’s confirmation process. If accurate, this would suggest that Ripple strategically timed its legal and regulatory actions in alignment with expected political changes. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP Now a Consideration in U.S. Strategic Crypto Reserve Discussions All Things XRP also points out that Bessent has been involved in internal discussions related to the U.S. Strategic Crypto Reserve. During these meetings, XRP was reportedly named directly by President Trump. This inclusion is interpreted as evidence that XRP is being considered at the highest levels of U.S. government policy, not just as a financial asset but as part of a broader geopolitical framework. Bessent’s background, according to the tweet, includes longstanding ties to central banks and a deep understanding of global liquidity and capital flows. This makes him uniquely positioned to bring a macroeconomic lens to crypto policy, unlike previous Treasury officials who approached digital assets with regulatory caution or skepticism. A Structural Transformation in U.S. Crypto Policy The tweet concludes with a broader implication: the current moment may not represent a typical market cycle but the beginning of a structural transformation in global finance. With the lawsuit over, XRP legally defined, and a crypto-forward Treasury Secretary now shaping national policy, the tweet suggests that this is more than a shift in sentiment—it is a recalibration of the U.S. government’s approach to financial technology. Whether this period marks the dawn of a new monetary era remains to be seen. However, under Scott Bessent’s leadership, the role of digital assets—particularly XRP—in U.S. economic strategy appears to have significantly expanded. 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 Why Scott Bessent Role As Treasury Secretary Could Take XRP Mainstream appeared first on Times Tabloid .
