BREAKING: The Fed Just Released An XRP Bombshell!
Trump’s new Fed chair pick quietly validated XRP’s thesis.
Kevin Warsh co-authored a 2022 paper about using XRP for cross-border payments. Now, Warsh is one Senate vote away from leading the US Federal Reserve.
On March 4, the White House formally submitted Warsh’s nomination to the Senate. He will almost certainly replace Jerome Powell when his Chairmanship expires on May 15.
Trump first announced the pick on January 30 via Truth Social. He called Warsh a prospective “GREAT Fed Chairman, maybe the best.”
Market Context
Warsh’s 2022 Hoover Institution paper entitled Digital Currencies: The US, China, and the world at a crossroads stated plainly, “Any national currency could thus be convertible into any other national currency in two steps via the stablecoin. Such an arrangement would resemble the cross-border payments system that Ripple currently operates with its XRP cryptocurrency.”
That same man will likely be the Chairman of the world’s most powerful central bank in about two months.
In today’s XRP Premium analysis, I dive deeper into the views of one of the most important allies of XRP in the 2026 Trump administration.
News
US and UK at odds over approach to tokenized securities (Reuters)
South Korea caps major crypto exchange shareholder stakes at 20% (HeraldCorp)
Turkey expect $95M from 10% crypto income tax (Reuters)
Trump meets $COIN CEO, backs crypto in bank dispute (Politico)
X launches external beta for X Money payments (TechCrunch)
Kraken secures Federal Reserve master account (WSJ)
Morgan Stanley $MS selects BNY $BK + Coinbase $COIN as crypto ETF custodians (SEC.gov)
Bank of Nova Scotia launches crypto ETF $DXMC with 3iQ (Newswire.ca)
Zerohash applies for National Trust Bank Charter (GlobeNewswire)
Tether invests in Eight Sleep (Tether.io)
Western Union $WU partners with Crossmint on USDPT rollout (PRNewswire)
Bitwise donating $233k to Bitcoin open-source developers (PRNewswire)
Son of government contractor John “Lick” Daghita arrested in joint FBI-France operation (Coindesk)
Nothing in this newsletter is financial or investment advice. We summarize news for informational and entertainment purposes only. We do not provide advisory services, guidance, or information regarding trading or investing. Past performance is not indicative of future results.
XRP Premium Analysis
Warsh has correctly noted the power of cryptocurrencies as “software” to enhance money, and has described many private projects as “fraudulent” and “worthless,” which is absolutely true.
He has argued that the US must build a digital dollar using solid technology like the XRP Ledger or other robust technologies to counter China’s digital fiat projects.
Comically, Senators Thom Tillis and Lisa Murkowski have pledged to block his confirmation. They want the Justice Department to finish a criminal inquiry into Powell and the Fed’s $2.5 billion headquarters renovation first.
Treasury Secretary Scott Bessent said hearings would proceed anyway. Trump certainly says so.
With a realistic take, UBS estimated the full vetting process could take 4-8…