The post Ripple News: Trump Jr. Rumored to Eye XRP as Expert Backs Crypto Adoption appeared first on Coinpedia Fintech News
Rumors are swirling that Donald Trump Jr. may be looking into buying XRP, adding fresh speculation to the token’s growing adoption. Reports suggest that the Trump family could be preparing an investment in the XRP ecosystem. If true, this could mean a big endorsement of Ripple’s technology and the cryptocurrency’s future role in finance.
Expert Sees Growing Interest in XRP
Sal Gilbertie, CEO and Co-founder of Teucrium Trading, says that the trend of big names and institutions moving into XRP and other digital assets is only just beginning. He explained that Bitcoin still leads the market as a clear “digital gold” and store of wealth. However, XRP stands out because of its practical use case in cross-border payments and financial services. As Ripple continues to build solutions for banks and payment providers, Gilbertie expects more investors to see the long-term value of holding XRP.
Crypto as a Boost to Fiat Currencies
Gilbertie also argued that crypto is not a replacement for traditional currencies but rather a powerful complement. “Everybody has to convert their crypto eventually into fiat,” he said, adding that digital assets allow people and institutions to grow their wealth before moving it back into dollars or other national currencies. In his view, cryptocurrencies have been one of the best things to happen to fiat systems in decades.
Institutional Shift Toward Crypto Allocation
According to Gilbertie, a growing number of treasuries, corporations, and even wealthy individuals are rethinking their strategies. With the strong performance of crypto markets in recent years, many are asking why a portion of their reserves should not be allocated to assets like Bitcoin or XRP. He described it as “foolish not to” diversify, given the potential upside.
Combined with Ripple’s expanding partnerships in the banking sector, XRP continues to be seen as a token with strong fundamentals and growth potential in the years ahead.