Ripple CEO Brad Garlinghouse asked the IMF if they are interested in holding XRP, sparking excitement within the XRP community.
The IMF's legal representative explained that their current framework requires a country to adopt a digital asset as an official currency before they can hold it.
While no major economy has done so, some countries are integrating blockchain solutions into their financial systems, and the US has created a strategic Bitcoin reserve.
XRP investors reacted positively to the discussions, leading to a 1.8% price increase within 24 hours.