Is Donald Trump Blacklisting XRP? The Truth Behind the Controversy
There has been much speculation online regarding whether Donald Trump has blacklisted XRP, but let’s delve into the facts to uncover the truth.
The Deleted Announcement
On March 2, 2025, President Trump took to social media to voice his support for the U.S. “crypto strategic reserve,” which would include XRP, Solana, and Cardano. However, the post was swiftly deleted less than 24 hours later. It was later revealed that a lobbyist named Brian Ballard, with ties to Ripple Labs, may have influenced Trump’s statement. When Trump discovered this connection, he reportedly severed ties with Ballard.
No Official Blacklisting
Despite the deleted post and Trump’s subsequent reaction, there is no official statement or evidence to suggest that XRP has been blacklisted or restricted by Trump or his administration. The incident appears to be more of a misunderstanding and personal frustration rather than a formal policy decision.
Ripple, the company behind XRP, has had previous political connections, including donations to Trump-aligned political committees. However, there is no indication of a formal fallout between Trump and XRP.
Market Performance and Analyst Views
Despite the controversy, XRP continues to perform well in the market, and some analysts view it as a strong contender in the current crypto cycle. It remains a popular choice among investors and traders.
You are on top of things. The SEC agreed for the fine to be reduced from $125 million to $50 million and the SEC agreed to the permanent injunction being lifted. Yep, Trump is furious
— bill morgan (@Belisarius2020) May 10, 2025
Attorney Bill Morgan took to X (formerly Twitter) to share his thoughts on the situation, adding a touch of humor to the controversy.
Conclusion
While Trump may have been displeased by the association with XRP without full understanding, there is no concrete evidence to suggest that he has blacklisted or banned the digital asset. This incident sheds light on the growing influence of crypto lobbyists and the potential risks of political involvement in the rapidly evolving digital asset space.