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Altcoin News

Is U.S Government Going to Buy XRP, SOL, and ADA: Conor McGregor

Written By:
Iyiola Adrian

Reviewed By:
Jahnu Jagtap

Last updated: June 2, 2025 4:49 PM
Published May 27, 2025 2:45 AM
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Last updated: June 2, 2025 4:49 PM
Published May 27, 2025 2:45 AM
Is U.S Government Going to Buy XRP, SOL, and ADA Conor McGregor

Conor McGregor, the former UFC champion, recently stirred curiosity by questioning if the U.S. government is planning to buy cryptocurrencies XRP, Solana (SOL), and Cardano (ADA).

In a tweet on May 26, McGregor posted “I have learned from the events this week that not all blockchains are actually decentralised. A lot of people are telling me that BTC and ETH are the only truly decentralised networks. But the US government are going to buy XRP, SOL, and ADA? Give me your thoughts!”

Conor was reacting to an old post from President Donald Trump which claimed that the U.S. Crypto Strategic Reserve would include these tokens. Trump’s post said his Executive Order on Digital Assets directs the government to move forward with a crypto reserve featuring XRP, SOL, and ADA. Trump said this will help make America the “Crypto Capital of the World.”

The president recently signed the executive order on March 6, 2025. According to reports, this order aims to build a Bitcoin reserve and a digital asset stockpile. The directive outlines two major goals. One is to ensure transparency around digital assets seized by authorities in legal cases. The other required all federal agencies to disclose their current crypto holdings to the Treasury Secretary by April 5, 2025.

As of now, confirmed holdings include Bitcoin and several top tokens. Blockchain analytics firm Arkham reports that the U.S. government holds around 198,012 BTC, worth approximately $21 billion.

U.S Government Asset Holdings
U.S Government Asset Holdings | Source: Arkham

Other assets reportedly include 122 million USDT, about 59,965 Ethereum, 750 WBTC, and over 40,000 BNB. David Sacks, the White House crypto czar, estimated total holdings at around $17 billion, but noted these figures are unverified due to the lack of an official audit.

While Trump’s post suggested XRP, SOL, and ADA would be part of the reserve, there are no official plans to acquire more tokens beyond Bitcoin. 

Meanwhile, McGregor has been showing his support for Bitcoin Lately. In a recent post on May 22, he declared “first man to win two belts in the cage. First fighter to walk in as president. First president to put Bitcoin on Europe’s balance sheet”

He has been pushing for the creation of a national Bitcoin reserve in Ireland since he started campaigning for the position in March 2025. The next presidential election is scheduled for November 11, 2025, when current President Michael D. Higgins ends his term. 

As of now, McGregor has not received an official nomination, but his political messaging has been intensifying.

Also Read: Will Bitcoin 2025 Conference Start Bull Run For BTC Price?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Cardano (ADA)Ripple (XRP)Solana (SOL)United States
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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
Follow:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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