Expert Says Get into XRP before This Big U.S. Treasury Announcement

Key Points

1. Edoardo Farina asserts the U.S. Treasury quietly took partial control of XRP's escrow in mid-2020 and urges followers to buy XRP ahead of a 'BIG announcement.'

2. Community reactions to Farina's claim are mixed, with some seeing potential for scalable influence and others expressing skepticism due to lack of confirmation.

3. XRP's escrow system, introduced by Ripple in 2017, locks up tokens to manage supply, but Ripple and government agencies have not publicly confirmed the Treasury's involvement.

4. Ripple has engaged with regulators and financial institutions, focusing on cross-border payments, but its exact relationship with the U.S. Treasury remains unclear.

5. Farina's claims about Ripple becoming a bank and Treasury involvement are unverified, and the article includes a disclaimer about the speculative nature of such statements.