Good News Underway? New Proposal for XRP Appears on SEC Website

A recently surfaced proposal is stirring discussions within the XRP community after being posted on the SEC’s website.

The document, submitted by financial advisor Maximilian Staudinger, suggests that the U.S. government should adopt XRP as a strategic financial asset to improve liquidity, reduce transaction costs, and modernize the financial system.

However, specific recommendations in the proposal have raised skepticism regarding its practicality.

XRP validator Vet clarified that anyone can submit proposals and comments to the SEC, and after a short review, they are posted on the website. He emphasized that this document is not authored by the SEC and does not reflect any official stance regarding an XRP Strategic Reserve.

According to the proposal, leveraging XRP could unlock financial liquidity, lower transaction costs, and strengthen the U.S. economy. It highlights that $27 trillion is stored in global Nostro accounts, with around $5 trillion attributed to the U.S.

The document claims that using XRP for cross-border settlements could free up $1.5 trillion, increasing financial flexibility.

Additionally, it suggests that government payments, such as tax refunds and Social Security distributions, could be processed through XRP, potentially saving $7.5 billion annually in transaction costs.

Also Read: SEC’s XRP Bombshell: Could Ripple Finally Win the Battle Over Commodity Status?

Regulatory Challenges and Proposed Solutions

To achieve this, the proposal recommends regulatory changes that officially classify XRP as a payment asset rather than a security. It calls for the SEC to settle its ongoing legal issues with Ripple and suggests that the Department of Justice (DOJ) remove restrictions preventing banks from adopting XRP-based solutions.

The document also proposes a presidential executive order to fast-track regulatory approvals, enabling full-scale adoption within six to twelve months instead of the standard two-year timeline.

The proposal suggests that regulatory agencies, including the Federal Reserve and the Office of the Comptroller of the Currency (OCC), should enforce XRP adoption as a national financial instrument.

However, such drastic measures would require significant government intervention and policy shifts, making implementation uncertain.

Staudinger’s View on XRP as a National Reserve

Maximilian Staudinger defended his position on XRP’s potential, stating, “XRP as a national reserve enables fast, low-cost transactions, global acceptance & independence from central banks. It diversifies reserves, protects against fiat risks & leverages secure blockchain tech.

Regulations are inevitable—early adoption ensures strategic advantages.” His argument is centered on the belief that XRP’s integration could provide the U.S. with a more flexible and efficient financial infrastructure.

Unrealistic Bitcoin Reserve Plan Raises Doubts

One of the most controversial aspects of the proposal is a recommendation for the U.S. government to establish a Bitcoin reserve by acquiring 25 million BTC. This suggestion is not feasible, as Bitcoin’s total supply is capped at 21 million.

Even if the government attempted to obtain all available Bitcoin, market constraints would make it impossible without causing severe economic disruption. The assumption that $1.5 trillion in freed capital could be redirected into Bitcoin further concerns the proposal’s practicality.

Although the SEC maintains the document on its website, it does not reflect official agency positions or positions. The SEC enables people to provide public input, but its website publishes these documents without guaranteeing the accuracy of their content or the review or validation of their content.

During a recent presentation, the XRP validator Vet explained that the submitted proposal remains outside all contemporary regulatory sessions.

The private life of Staudinger remains obscure since his only known professional engagement lies in providing financial advisory services at Deutsche Vermögensberatung Aktiengesellschaft (DVAG).

XRP’s status as a strategic asset is among his past advocacy points and his public discussions, including exchanges with gold advocate Peter Schiff.

While the proposal has sparked interest in the XRP community, its ambitious recommendations and regulatory hurdles make its implementation unlikely. The SEC has not commented on the document, and there is no indication that the U.S. government is considering XRP adoption as a national financial strategy.

Also Read: Ripple (XRP) Will Surge to This Price if SEC Ends Lawsuit This Month, See Assisted Price Prediction

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