In a video shared on X by John Squire (@TheCryptoSquire), Lutnick described the role of what he called a “gratis vendor.” He said it is simply an approved vendor that gives products to the government rather than selling them.

He explained that this approach allows agencies to bypass lengthy approval procedures. If the government purchases a product, even for a token amount, it must enter what Lutnick called “government hell.” By contrast, a gratis vendor can provide technology or services directly at no cost, which federal agencies can adopt more quickly.

Lutnick gave a straightforward example. He noted that if he wrote software for the Commerce Department, he could provide it for free rather than sell it. The principle, he emphasized, is that giving avoids regulatory complications tied to procurement.

XRP x U.S. Treasury

This isn’t hype — it’s infrastructure
Ripple could hand $XRP over as code to the government.

They won’t buy it… they’ll use it.

Are you watching — or still sleeping? pic.twitter.com/D3HhGZqugM

— John Squire (@TheCryptoSquire) September 10, 2025

A Pathway for XRP

The video gained traction after being shared by Squire, who highlighted its relevance to ongoing debates around XRP’s role in U.S. infrastructure. He suggested that the concept of gratis vendors could have direct implications for how the government might use the digital asset.

Lutnick’s comments imply that if a digital asset or related technology were provided without direct sale, federal agencies could integrate it without triggering the full weight of procurement regulations.

This distinction matters because it demonstrates one possible pathway for blockchain adoption within government systems, particularly in areas such as payments, compliance, or data security.

For a digital asset suppressed by unnecessary regulatory attempts, this approach would save XRP from further regulatory hurdles while letting U.S. citizens fully enjoy its benefits.

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— TimesTabloid (@TimesTabloid1) June 15, 2025

Will the Government Use XRP?

Squire argued that XRP could be provided to the U.S. government in a manner consistent with the gratis vendor model. Rather than purchasing XRP or associated code, Ripple could give it freely to federal agencies as infrastructure to build upon.

This interpretation aligns with ongoing discussions around XRP, which has long been positioned as a solution for cross-border settlement and liquidity. If XRP is framed as a gratis contribution rather than a product for sale, U.S. government agencies could adopt it more easily than through traditional procurement routes.

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.

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CryptoSensei explained that if the U.S. is serious about advancing digital asset payments, the choice of partner is narrow. He stated:

“If the United States wants to push forward with digital asset payments, crypto infrastructure in the United States, there’s only a handful of companies they could select to take over. They would need a company that has some type of bridge assets, because the U.S. does business with every country under the sun, and money is interchanged and sent internationally from all of these different currencies.”

He emphasized that the company chosen must be able to unify international transactions under a common standard:

“And if they want to be on some kind of unified payment system, what’s the system in your mind right now? With all the information you know about Ripple and XRP, which blockchain company do you think they would choose? I personally obviously think it’d have to be Ripple and XRP.”

THE UNITED STATES WILL CHOOSE RIPPLE!!! pic.twitter.com/1B2glWcZRh

— CryptoSensei (@Crypt0Senseii) September 5, 2025

The Power of Ripple’s Connections

CryptoSensei also pointed to Ripple’s unique reach among global institutions:

“I don’t see any other blockchain companies with the same connections that Ripple and the XRP Ledger have been able to acquire over the years. Connections at the ECB, IMF, BIS, World Economic Forum, Federal Reserve — it doesn’t get higher, it doesn’t get bigger than that. They are at the top of the mountain already. Now they’re just building out the infrastructure to take over the whole world, in my personal opinion.”

Ripple’s Real-World Progress

Ripple’s recent moves reinforce this perspective. In 2025, the company applied for a U.S. banking charter, a step that would integrate it more directly into federal payment systems. Its launch of RLUSD, a U.S. dollar-backed stablecoin, further strengthened its position by pairing compliance with the speed and efficiency of the XRP Ledger.

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On the international stage, Ripple has maintained active involvement with central banks and global organizations. It has participated in BIS innovation initiatives, engaged with the IMF, and exchanged insights with policymakers at the ECB—precisely the type of connections highlighted by CryptoSensei.

Competition and Policy Decisions

Still, Ripple faces competitors. Circle, the issuer of USDC, has built deep ties with U.S. regulators and traditional finance. Stellar has carved out a role in humanitarian and development-focused cross-border payments. Meanwhile, major banks are experimenting with tokenized deposits and private blockchain solutions.

The bigger question is whether U.S. policymakers will favor one dominant player like Ripple or encourage a multi-player ecosystem to promote competition and oversight.

CryptoSensei’s conviction that the U.S. will choose Ripple reflects more than hype—it is grounded in Ripple’s regulatory advances, strategic partnerships, and unmatched institutional reach. 

Yet the decision ultimately rests on Washington’s balancing act between innovation, competition, and control. What is certain is that Ripple and XRP remain central to the debate over the future of U.S. digital payments.

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 urged to do in-depth 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.

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In a post shared on X, Rowen Exchange suggested that by purchasing XRP at its current low price, holding it until significant appreciation, and deploying it through innovative mechanisms, the U.S. could pay off its debt within four years.

RECOMMENDATION TO PAY OFF U.S. DEBT BY IMPLEMENTING XRP

The United States can pay off its $38 trillion national debt within 4 years if it implements the framework I outline in the attached proposal.

This proposal is a revolutionary approach of using XRP as a financial tool… pic.twitter.com/1sK5oZ2W1A

— Rowen Exchange (@RowenExchange) January 5, 2025

Rowen Exchange highlighted three main strategies:

1. Direct Remittance to Creditors: The government could negotiate with creditors to accept payments directly in XRP, circumventing conversion losses.
2. Liquidity Pools: By establishing liquidity pools, the U.S. could gradually convert XRP into USD to avoid market disruptions.
3. Complementary National Currency: XRP adoption as a secondary national currency would also drive its utility and demand, further enhancing its value.

How Much XRP Will the U.S. Need?

According to Rowen Exchange’s detailed report, acquiring 4 billion XRP at current market rates (approximately $2.40) would cost $9.6 billion. If XRP rises to $10,000, it could fully cover the $38 trillion debt.

XRP is receiving significant interest from institutions, as a well-known investment manager recently suggested an XRP buyback program for SBI Holdings. This proposal emphasizes XRP’s scalability, low transaction costs, and energy efficiency as essential factors that make it suitable for national adoption.

The report also highlighted that XRP’s finite supply will ensure scarcity as institutional demand rises. It also highlighted the ease of conversation, as a combination of liquidity pools and the national currency integration could provide a more sustainable debt repayment process.

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Potential Benefits for XRP

If the proposal is implemented, XRP could experience an exponential increase in price, adoption, and utility. The following benefits stand out:

1. Increased Demand: A government-backed initiative would likely trigger global interest in XRP, driving its adoption among institutions and retail users.
2. Legitimization: Recognition of XRP as a complementary national currency would elevate its status, fostering regulatory clarity and reducing market skepticism.
3. Broader Use Cases: Integration into everyday transactions and national-level financial systems would highlight XRP’s scalability and efficiency, solidifying its role as a leading digital asset.

This approach has potential risks such as regulatory hurdles and XRP’s reliance on market appreciation. Nevertheless, Rowen Exchange’s proposal is an intriguing concept that reflects the growing recognition of blockchain technology’s potential to transform traditional financial systems.

The shifting regulatory landscape in the U.S. can also help beat regulatory hurdles, as President-elect Donald Trump publicly backs the crypto industry. Meanwhile, the U.S. has just sworn in its most pro-crypto Congress in history.

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 urged to do in-depth 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.

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To develop this framework, several agencies and diverse stakeholders across the government, academia, and civil society worked together to formulate policy recommendations that advance the six key priorities identified in the Executive Order by the U.S. President. 

As seen in the recently released crypto framework, the White House is focused on ensuring the protection of consumers, investors, and businesses, fostering financial stability, promoting access to safe, affordable financial services, fighting illicit finance, advancing financial innovation, exploring the United States Central Bank Digital Currency (CBDC) and reinforcing global financial leadership and competitiveness. 

More so, the release puts into consideration other sectors of the digital asset space including cryptocurrency mining. It also encourages private-sector research while stressing the need for players to observe measures useful in the mitigation of risks. 

Read Also: Senator Toomey Slams SEC Chair For Classifying Most Crypto as Security

The White House Crypto Framework Focus

While cryptocurrency and blockchain technology is a beneficial digital innovation and positive contribution to the global financial system, it poses serious risks if indulged carelessly and without clear regulations. It is also worth noting that several bad actors and loss-inflicting scenarios have continuously surfaced in the crypto industry. The most recent was the Terra ecosystem collapse in May which triggered other damaging instances including the insolvency of companies like Celsius, and Three Arrows Capital (3AC) among others. 

To protect investors and businesses adopting the crypto payment method as well as ensure fair play in the crypto niche, the Biden-Harris administration has consistently issued guidance and enforcement resources while keeping tabs on fraudulent players. As clearly stated in the White House framework released on Friday, the U.S. plans to step up its regulatory actions thus; 

• The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are encouraged to aggressively pursue investigations and enforcement actions against unlawful practices in the digital assets space.
• The Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) are encouraged to redouble their efforts to monitor consumer complaints and punish unfair, deceptive, or abusive practices.
• Agencies are further encouraged to issue guidance and rules to address current and emergent risks in the digital asset ecosystem. Equally, regulatory and law enforcement agencies are also urged to collaborate to address acute digital assets risks facing consumers, investors, and businesses.  The release added that agencies are encouraged to share data on consumer complaints regarding digital assets — ensuring each agency’s activities are maximally effective.
• According to the publication, the Financial Literacy Education Commission (FLEC) has been tasked to lead public-awareness efforts to help consumers understand the risks involved with digital assets, identify common fraudulent practices, and learn how to report misconduct. 

Related: Crypto Regulation: U.S Administrators Submit Framework to President Biden

The Biden-Harris administration holds that the digital economy should work for all Americans. Therefore, developments should be made such that digital services can be accessible to all at a low cost, especially with cross-border payments. In promoting access to safe, affordable financial services, the report read 

“Agencies will encourage the adoption of instant payment systems, like FedNow, by supporting the development and use of innovative technologies by payment providers to increase access to instant payments, and using instant payment systems for their own transactions where appropriate – for example, in the context of distribution of disaster, emergency or other government-to-consumer payments.”

It added that “the National Science Foundation (NSF) will back research in technical and socio-technical disciplines and behavioral economics to ensure that digital asset ecosystems are designed to be usable, inclusive, equitable, and accessible by all.” Meanwhile, the administration is ramping up efforts to tackle illicit finance including money laundering and ransomware crimes among others. 

Read Also: US Treasury Secretary Janet Yellen Says Biden’s Crypto Executive Order Supports ‘Responsible Innovation’

Per the release, “the President will evaluate whether to call upon Congress to amend the Bank Secrecy Act (BSA), anti-tip-off statutes, and laws against unlicensed money transmitting to apply explicitly to digital asset service providers—including digital asset exchanges and nonfungible token (NFT) platforms.”

In addition, the plan to roll out a Central Bank Digital Currency (CBDC) is also on the sleeves of the Biden-Harris administration. On this note, it is stated that “the leadership of the Federal Reserve, the National Economic Council, the National Security Council, the Office of Science and Technology Policy, and the Treasury Department will meet regularly to discuss the working group’s progress and share updates on and share updates on CDBC and other payments innovations.”

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The department reveals that the crypto-mixing service has technologically supported cyber thefts amounting to over $7 billion. As a matter of national safety, the watchdog agency has barred United States citizens from using the services of Tornado Cash. 

In a Monday Press Release, it’s stated that the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), has taken drastic actions against Tornado Cash. 

The sanctioning of the virtual currency mixer comes as the platform has been severally adopted by cyber criminals and crypto hackers to launder stolen assets. A similar platform, Blender.io was previously sanctioned by the Agency.

Tornado Cash, which aids these fraudsters and hackers to stay anonymous while laundering funds, was recently used in the Nomad crypto heist. As reported, around $190 million worth of crypto assets was stolen in the Nomad hack on August 2, 2022. 

In June 2022, the crypto mixer was also used to move more than $96 million derived from the hack of Harmony Bridge. 

Read Also: Ethereum Users Will Soon Be Able To Make Private Transactions As Tornado Cash Set To Launch On Arbitrum Layer Two Network

Brian E. Nelson, Secretary of the Treasury for Terrorism and Financial Intelligence said; “Today, Treasury is sanctioning Tornado Cash, a virtual currency mixer that launders the proceeds of cybercrimes, including those committed against victims in the United States.”

“Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. The Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals and those who assist them,” he added.

Due to these accumulated atrocities, the Office of Foreign Assets Control (OFAC) has blocked all property and interests in the property of Tornado Cash situated in the United States or in the possession or control of citizens of the United States.

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Framework for International Crypto Regulation

Per a report, a framework for international crypto regulation was drafted and submitted to the President of the United States on July 7.

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The document crafted by several agencies summarizes all approaches the United States administrators intend to employ in maintaining high regulatory standards and a level playing ground in the digital assets industry. 

As revealed in the fact sheet, this crypto regulatory framework seeks to primarily address the risks as well as harness the potential benefits of cryptocurrency and blockchain technology.

Also, it is directed at enhancing the adoption of global principles and standards in the cryptocurrency space.

More so, approaches laid out in the framework are intended to ensure that “the nation’s core democratic values are respected; consumers, investors, and businesses are protected; appropriate global financial system connectivity and platform, as well as architecture interoperability, are preserved.”

Meanwhile, the safety and soundness of the global financial system and international monetary system have also been put into consideration. 

Other core objectives of the framework as stated in the document include the protection of the United States and global financial stability as well as, the mitigation of illicit finance and national security risks posed by the misuse of digital assets. 

The press release further disclosed that U.S. regulators have set out to support technological advances that promote responsible development and use of digital assets by advancing research and relationships that increase shared learning.

Above all, protecting consumers, investors, and businesses in the United States and globally by promoting technology and regulatory standards that reflect U.S. values is a top objective. 

To achieve these planned goals, U.S. administrators noted that the United States must continue to engage and partner with the G7, G20, IMF, Financial Stability Board, Financial Action Task Force (FATF), the Egmont Group of Financial Intelligence Units (FIUs), Organization for Economic Cooperation and Development (OECD), the World Bank and other standard-setting bodies. 

Part of the fact sheet said;

“The United States must continue to work with international partners on standards for the development of digital payment architectures and CBDCs to reduce payment inefficiencies and ensure that any new payment systems are consistent with U.S. values and legal requirements.  

Such international work should continue to address the full spectrum of issues and challenges raised by digital assets, including financial stability; consumer and investor protection, business risks; money laundering, terrorist financing, proliferation financing, sanctions evasion, and other illicit activities.”

Notably, the submitted blueprint was developed in accordance with the President’s Executive Order,  by the United States Department of the Treasury, in consultation with other administrators of bureaus like the U.S. Agency for International Development (USAID), the Secretary of State, the Secretary of Commerce, and the heads of other relevant agencies.  

Related: Joe Biden Officially Issues Crypto Executive Order, Promises to Support Technological Advances In Digital Assets

President Biden’s Crypto Executive Order 

Issued on March 9, 2022, the Executive Order by President Joe Biden tasked U.S administrators to ensure the responsible development of digital assets and blockchain technology for international engagements.  

Additionally, U.S. regulators were directed to work on the development of central bank digital currencies (CBDCs) technologies that are consistent with the nation’s values and legal requirements.

On the whole, the Executive Order was put out on the grounds that poor crypto regulation, supervision, and compliance across jurisdictions raise risks encountered by investors, businesses, and the digital assets markets in general. 

In response, the United States Treasury Secretary Janet Yellen noted that President Biden’s crypto Executive Order supports responsible innovation.

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In a new interview with the famous Bitcoin maximalist Anthony Pompliano, Lowery said the fact that some countries can now do without US Dollar shows that it’s time for the United States to turn to Bitcoin, in order to mitigate the effect of lack of dependency in its fiat.

Read Also: MicroStrategy CEO Calls Bitcoin ‘The American Dream’, Says BTC Is Capped Even If Price Goes up To Millions

According to Lowery, Bitcoin purchase will be a huge step for the United States if cryptocurrency, the new asset class, becomes a defense protocol that everyone adopts. He said the U.S. will just use the advantage of being an early adopter to become a superpower for the next 1,000 years.

Jason Lowery noted:

“The United States better posture itself to benefit from that and you do that by buying bitcoin, so you capture disproportionate value as people flood into it.”

“If this truly does become the new property defense protocol that everyone subscribes to, then you are posturing yourself to become a superpower for the next 1,000 years.”

In the course of the interview, Lowery stated that the country that decides to ban Bitcoin cannot ban its adversary from using it. So, he concluded that banning Bitcoin is not an option for any country.

Read Also: $1.2 Billion Worth of Bitcoin Moved Away From Coinbase in a Week, Institutional Demand on the Increase

Meanwhile, cryptocurrency, led by Bitcoin (BTC), has received vast adoption in many parts of the world in recent months.

Cryptocurrency has been able to display its good side to the world in the ongoing war between Russia and Ukraine. Since the start of the war, Ukraine has received over $100 million in crypto donations.

Also, there has been a call from Malaysia’s Ministry of Communications and Multimedia to make cryptocurrency, such as Bitcoin (BTC), a legal tender in the country to engage the young generation.

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The fact sheet that leaked out earlier described the executive order as “outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.”

The executive order on the crypto ecosystem addresses important issues, such as strategy to protect consumers, stability of the financial system, national security, and climate risks.

Aside from the aforementioned, the White House also outlined its plan for assessing the implementation of a central bank digital currency (CBDC) and cracking down on illegal activity.

The order is described as fair, despite early fears of an impending crackdown on the crypto industry in the country.

The order underscores an all-of-government approach, demanding new work from the Treasury, Financial Stability Oversight Council, Federal Reserve, and national security agencies on important portions of the crypto industry.

The order also emphasizes that the Administration will continue to work with agencies and Congress to establish policies that encourage responsible innovation. It also promises to support technological advances in digital assets.

Janet Yellen Says Biden’s Executive Order Supports ‘Responsible Innovation’

It was earlier reported that a statement from Janet Yellen, the United States Treasury Secretary, revealed that Biden’s executive order on cryptocurrency will support responsible innovation.

The statement highlights how Yellen’s department will implement the provisions of the executive order, which was recently released by the White House.

The statement reads in part as follows:

“Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy. This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses. It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy.”

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The statement highlights how Yellen’s department will implement the provisions of the executive order expected from the White House this week.

The statement was issued late Tuesday and later removed (archived version is here) from the Treasury Department’s official website.

The statement reads in part as follows:

“Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy. This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses. It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy.”

Yellen further stated that the treasury department will partner with interagency colleagues to produce a report on the future of money and payment systems.

She said the department will also “convene the Financial Stability Oversight Council to evaluate the potential financial stability risks of digital assets and assess whether appropriate safeguards are in place and work with our international partners to promote robust standards and a level playing field” given the global nature of the industry. This work will complement ongoing efforts by Treasury.”

“As we take on this important work, we’ll be guided by consumer and investor protection groups, market participants, and other leading experts. Treasury will work to promote a fairer, more inclusive, and more efficient financial system, while building on our ongoing work to counter illicit finance, and prevent risks to financial stability and national security.”

It was earlier indicated that Biden’s Executive Order will have several components, all of which are centered on studying cryptocurrency and digital money across multiple United States government departments and agencies. Their topics will be based on central bank digital currency and how cryptocurrencies affect the environment.

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The recent adoption is coming from a state in the United States. As a report has it, Virginia Senate has recently passed a bill that will allow state banks to offer crypto custody services.

The bill that was unanimously passed by the state Senate “permits banks in the Commonwealth to provide virtual currency custody services so long as the bank has adequate protocols in place to effectively manage the associated risks.”

Read Also: Jackson, Tennessee, United States is set to become the first City to Add Bitcoin as a Payroll Option

According to Fox News Digital, delegate Chris Head, the proponent of the crypto bill, said he introduced the legislation after being inspired by how issues with cryptocurrency regulation were addressed in Texas.

Chris Head noted:

“By codifying the ability for state-chartered banks to become custodians of cryptocurrency, this will make Virginia the first in the country to provide this ability to banks through legislation.

“Functionally, the bill allows state-chartered banks in Virginia to hold the keys to one’s cryptocurrency purse, similar to how individuals use safety deposit boxes at banks. Ultimately, this will put Virginia at a significant advantage regionally and nationwide.”

According to Head, crypto as a nascent economic asset has the potential to bring about economic growth if adopted.

​​”As a small business owner, I’m always looking for the potential in policies to create opportunities for jobs, business development, and economic success. Cryptocurrency has the potential to do just that,” Head stated.

The bill received tremendous support, which led to its approval by the House of Delegates on 2nd February, and the state Senate passed it on 3rd March by a vote of 39 to 0.

Legislators now anticipate that Governor Glenn Youngkin will sign the bill into law within seven days when it comes to his desk.

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