XRP Army Is Bullish On Recent U.S. Treasury Action

Key Points

1. The U.S. Treasury announced an expansion of its quarterly debt buyback program, increasing the cap from $30 billion to $38 billion, with $2 billion repurchased in long-term debt.

2. Crypto analyst STEPH IS CRYPTO highlighted the buyback as a bullish signal for risk-on assets, including XRP, sparking optimism in the XRP community.

3. The Treasury's action aligns with broader U.S. government moves, such as establishing a national crypto reserve holding over $21 billion in seized digital assets and pro-crypto legislation like the GENIUS Act.

4. Some analysts urge caution, noting the $38 billion buyback is small relative to the U.S. government's $15 trillion debt load and may introduce rollover risk due to short-term debt funding.

5. The XRP community sees the Treasury's move as part of a favorable macroeconomic shift for cryptocurrencies, though its broader impact remains uncertain.