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TimesTabloid 2026-03-18 12:31:42

XRP Included By This First U.S. State to Propose Crypto Treasury

Missouri is moving closer to establishing a state-backed digital asset reserve. House Committee Substitute for House Bill No. 2080 has passed out of committee and is headed to the full House floor as of mid-March 2026. The bill remains a proposal and has not yet become law, but it creates a framework for the state to hold and invest in multiple cryptocurrencies. Crypto commentator BankXRP (@BankXRP) shared the update, highlighting the inclusion of XRP alongside Bitcoin, Ethereum, Solana, and USDC in the state’s proposed strategic reserve fund. The post emphasizes the treasury’s ability to hold and manage these assets directly. Missouri's Cryptocurrency Strategic Reserve Fund HCS HB 2080 is moving "Do Pass" out of committee & headed to the full House floor as of mid-March 2026. Still a proposal, not law yet. Missouri Digital Reserve Treasurer can accept, hold & invest in: $BTC $ETH $SOL $XRP $USDC … pic.twitter.com/PlBDJXpKAF — 𝗕𝗮𝗻𝗸XRP (@BankXRP) March 16, 2026 Eligible Assets and Treasury Authority The legislation allows the Missouri Digital Reserve Treasurer to accept, hold, and invest in Bitcoin, Ethereum, Solana, XRP, and the regulated stablecoin USDC. Assets must be held for a minimum of five years before any sale or transfer, ensuring a long-term approach to state-backed digital asset management. Residents could also pay taxes using regulated stablecoins, including USDC. The Treasurer may convert these stablecoin payments into Bitcoin, Ethereum, Solana, or XRP, integrating digital assets into public finance while maintaining operational flexibility. XRP Recognized as Key Asset HCS HB 2080 explicitly names XRP in its definition of “cryptocurrency.” The bill defines custody as the holding, safeguarding, and management of digital assets by the state treasury. It further defines digital assets to include virtual currencies, stablecoins, nonfungible tokens, and other assets that confer economic or proprietary rights. The inclusion of XRP confirms the token’s role as a leading digital asset suitable for institutional and governmental reserves. BankXRP noted this recognition, highlighting the potential for XRP to be directly managed by the state treasury and the long-term holding requirement . Fund Structure and Long-Term Strategy The fund requires a minimum five-year holding period, ensuring assets are retained for strategic purposes rather than short-term trading. The allowance for stablecoin tax payments, with optional conversion into other major cryptocurrencies, gives the treasury operational flexibility. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Missouri’s bill creates a state-level system for holding and investing digital assets, echoing the idea behind President Trump’s federal crypto reserve . The legislation establishes a structured framework for cryptocurrency management that could greatly benefit XRP and other listed assets. A Bright Future for the Crypto Market If enacted, the bill would make Missouri one of the first U.S. states to directly manage a digital asset reserve at the state level. The inclusion of XRP signals governmental recognition and supports adoption beyond private markets. The bill’s progress reflects growing institutional interest in digital assets, and with regulatory clarity for the broader market on the horizon , we might see more states adopt a similar strategy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Included By This First U.S. State to Propose Crypto Treasury appeared first on Times Tabloid .

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