Ah, mes chers amis, a scandalous whisper travels through the vast corridors of the Internet: the Texas Senate, it is said, has decreed an “XRP Reserve Bill,” obliging the state to purchase a delightful $100 million of XRP each year! Quelle horreur! Alas, like a bad soufflé, this tale collapses upon inspection. 🍰💥
The True Comedy Unfolds
On September 27, the grand Senate of Texas did indeed approve a law, but fear not, it was the Senate Bill 21, which establishes the Texas Strategic Bitcoin Reserve. Yes, mes amis, a reserve-but only for cryptocurrencies boasting a hefty market cap above $500 billion. At present, only the noble Bitcoin dares to wear this crown. 👑💰
XRP? Non, Mon Cher!
SB 21 does not whisper the name of XRP nor any sprightly altcoin. It speaks solely of Bitcoin, acknowledging its grandeur as a digital store of value. The rumor that Texas will shower XRP with yearly riches is, to put it gently, a theatrical exaggeration, unsupported by any scrolls of law or serious scribes. 📜😏
The Backstory, Très Dramatique
In times past, the administration of Trump spoke of a US Strategic Bitcoin Reserve and a curious Digital Asset Stockpile containing altcoins. The Bitcoin reserve, like a stately château, will initially house BTC previously seized by the US Treasury. Messieurs Scott Bessent and Howard Lutnik shall explore avenues to augment this hoard without vexing the taxpayers. 🏰💸
Meanwhile, the Digital Asset Stockpile-filled with altcoins plucked from nefarious hands-plays a different role. No grand plans exist to expand it beyond future confiscations. 🌪️
Confusion, of course, reared its mischievous head when Trump mentioned XRP, SOL, ADA, ETH, and BTC on social media. Experts, with a sigh, explained that this was likely a nod to prominent altcoins, not a promise of Texas-funded indulgence. 🤷♂️📢
The Final Curtain
So, mes amis, the claim of an XRP Reserve Bill is nothing more than a comedy of errors. Texas has approved a Strategic Bitcoin Reserve, not a yearly bounty of XRP. Any reports suggesting otherwise are as trustworthy as a fox in the henhouse. 🦊🏛️
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2025-09-30 17:37