In recent discussions regarding the potential creation of a U.S. crypto reserve, critics have expressed concerns about the inclusion of altcoins such as XRP, Solana, and Cardano. Many believe that these additions may detract from a Bitcoin-centric vision.

Background: Bitcoin (BTC) saw significant decreases in value, with many altcoins, including XRP, also experiencing double-digit drops. However, things took a turn on March 2, 2025, when President Donald Trump announced a strategy to position the U.S. as a leader in the crypto sphere, promoting a crypto reserve akin to the strategic petroleum reserve. The reserve would primarily consist of Bitcoin and Ethereum but would also include selective altcoins.

This announcement sent Bitcoin’s value soaring, momentarily reaching a peak of $95,000 before a slight decrease, while XRP’s price increased significantly.

Critics’ Concerns: Notably, economist Peter Schiff has voiced skepticism regarding the practicality of including XRP in the reserve, arguing that it undermines the clarity of a Bitcoin-focused strategy. He stated:

“I get the rationale for a Bitcoin reserve. I don’t agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So, let’s create a Bitcoin reserve too. But what’s the rationale for an XRP reserve? Why the hell would we need that?”

Despite the divisive opinion on altcoin inclusion, some analysts believe that the strategic vision of the crypto reserve marks a pivotal shift in U.S. crypto policy.

Market Implications: As discussions progress, Bitcoin’s price remains stable above $90,000, while XRP is trading over $2.5. All eyes are on the upcoming White House Crypto Summit on March 7, which could be critical for future U.S. crypto legislation.