A proposal suggesting XRP as a strategic US financial asset appeared on the SEC website, authored by Maximilian Staudinger.
The proposal claims integrating XRP could unlock US$1.5 trillion from Nostro accounts and save US$7.5 billion annually on government payments.
The proposal contains a mathematical error by suggesting the freed funds could purchase 25 million Bitcoin, exceeding Bitcoin's maximum supply of 21 million.
Critics dismiss the proposal as unrealistic speculation and question the adoption of XRP when two-thirds of its supply remains controlled by its issuing organization.