In theory, the United States could secure $ 100 million in XRP overnight – practically debating the lawyers at the moment
- Ripple may be able to pay his $ 125 million fine to a federal address by transferring XRP.
- This would legitimize cryptocurrency within the US financial framework for the first time.
The infinite story wipe SEC and Ripple continues. A new proposal was conjured up from the hat: the settlement of the – but not legally binding – fines of $ 125 million against Ripple in XRP instead of Indes.
As CNF reported, the SEC had discussed comparison options in February. From a legal point of view, it remains uncertain whether the United States can accept $ 125 million in XRP overnight. Ra Jeremy Hogan’s proposal triggered discussions about the feasibility and the effects of such a regulation.
View of a legal expert
Jeremy Hogan, a prominent lawyer in the XRP community, recently suggested that Ripple transferred the equivalent of the dollars in XRP to a federal address if the judgment was legally. He referred to historical precedents that go back to the time of the civil war, were paid to the fines other than the dollar as convicted fines. Hogan’s findings have re -sparked the debates about the flexibility of billing methods in modern regulatory contexts.
Reactions
There were numerous reactions to Hogan’s proposal in the crypto community. Some see the option as a step towards the integration of digital assets in common financial systems, while other skepticism expresses with regard to regulatory acceptance.
As can be read in the tweet of a community member, said Hogan:
“It is possible that Ripple could satisfy the verdict against himself by transferring the same amount of XRP to a Federal XRP” Stockpile “address.
BREAKING: Pro #XRP lawyer – Jeremy Hogan says: “It IS possible that @Ripple could satisfy the judgment against it by transferring the same amount of XRP to a Federal XRP "stockpile" address.” pic.twitter.com/RNHjXA2Gay
— JackTheRippler © (@RippleXrpie) March 7, 2025
The idea of a “Federal XRP Stockpile” has also appeared and has triggered discussions about how government agencies could manage and use such digital assets.
Implications
If Ripple pays his punishment with XRP, this could create a precedent for future official comparisons. This could confirm the benefits of cryptocurrencies in official functions and influence how other blockchain companies deal with legal challenges.
For the US government, the acceptance of XRP could require the creation of a framework for possession and the possible liquidation of digital assets, which would signal a change towards a developing financial landscape.
The court has requested an answer by April 16, and speculation about a possible comparison. The possibility that Ripple pays the $ 125 million punishment in XRP makes the procedure even more complex.
In the meantime, a CNF report indicates that an XRP reserve in the USA could increase the value to $ 15. The legal dispute between Ripple and the SEC is now approaching a critical point. At the time of the creation of this article, XRP is traded at $ 2.20, which reflects a decline of 1.13 % in the last day and a decrease of 17.02 % in the last week.
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