Did Trump Blacklist XRP? Fact Check on Rumors

Rumors online suggest that Donald Trump may have blacklisted XRP, but are these claims accurate? Let’s examine the facts. 2025 saw President Trump share his support for a U.S. crypto reserve including XRP, Solana, and Cardano. This was quickly followed by an official retraction of the statement after less than 24 hours. However, allegations surfaced that the post might have been influenced by lobbyist Brian Ballard who reportedly provided the wording for it, with ties to Ripple Labs, the company behind XRP. When Trump learned about this connection, he reportedly became upset and cut ties with Ballard. Despite this incident, there’s no official statement or evidence of a ban from either Trump or his team. It appears more like a misunderstanding rather than a formal policy change. Ripple has had past political connections, including donations to Trump-aligned political committees. Their Chief Legal Officer and CEO have both reportedly met with Trump in the past. While the deleted post and Trump’s reaction sparked discussion, XRP remains unaffected. The coin continues its performance in the market, with some analysts still seeing it as a strong contender in the current crypto cycle.