XRP would need to reach higher valuations to wipe out the outstanding government debt of major economies. Crypto analyst Steph Is Crypto evaluated this in a recent post.
The figures put Russia’s debt at the lowest threshold while placing the United States at $638 per XRP, based on circulating supply and the latest debt figures cited in the accompanying chart.
The analysis does not present these prices as conventional market forecasts. Instead, it compares government debt with the total value of circulating XRP to illustrate what XRP’s price would need to be if its entire circulating supply matched those debt figures.
$XRP prices needed to WIPE OUT government debt:
🇷🇺 Russia: $6.29
🇪🇺 Eurozone: $258
🇺🇸 United States: $638At $638, circulating $XRP would be worth over $40,000,000,000,000 — enough to match the entire U.S. federal debt. pic.twitter.com/wa48Cb9ayf
— STEPH IS CRYPTO (@Steph_iscrypto) August 30, 2026
Russia Would Require $6.29 XRP
StephIsCrypto’s post states that XRP would need to reach $6.29 to equal Russia’s reported government debt. The attached chart uses a circulating supply of 62.74 billion XRP and lists Russia’s total debt at approximately $394.5 billion.
At $6.29 per XRP, the stated circulating supply would correspond closely with that debt figure. The calculation therefore places the required XRP price at roughly 10.31 times the $0.61 XRP price used in the chart.
The Eurozone produces a substantially larger figure. According to the analysis, the region’s $16.20 trillion debt would require XRP to reach approximately $258 per token using the same circulating supply. That represents about 422.95 times the $0.61 reference price.
$638 XRP Would Equal U.S. Federal Debt
The largest figure in StephIsCrypto’s comparison concerns the United States. The chart cites approximately $40.03 trillion in U.S. government debt and calculates that XRP would need to reach $638 per token for 62.74 billion circulating XRP to equal that amount.
At that price, the circulating XRP supply would have a combined value exceeding $40 trillion. StephIsCrypto therefore described $638 as the XRP price required to “wipe out” U.S. government debt.
The calculation is based on a simple division of government debt by circulating XRP supply. The chart identifies U.S. Treasury data, Eurostat and ECB data, Russian financial authorities, Bank of Russia information, and XRPScan as its sources.
Responses Question the Interpretation
The post also drew different reactions regarding what the calculation means for XRP. Claude Sinclair questioned the large difference between Russia’s $6.29 figure and the United States’ $638 requirement, while asking whether XRP would remain freely circulating if it ever reached such valuations.
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Macro Bombastic challenged the underlying interpretation, stating that market capitalization does not represent money that could be used to pay government debt. That distinction is important because multiplying an asset’s price by its circulating supply measures theoretical market value, not cash governments could immediately collect.
CryptoStratagist took a more critical position, rejecting extremely high XRP targets while explaining that investors should focus on holding the asset rather than following unrealistic predictions. The commenter cited $3.84, $5, and $10 as short-term targets, followed by $25 by 2028, $50 by 2029, and $100 by 2030.
StephIsCrypto’s calculation therefore provides a mathematical comparison rather than evidence that XRP will reach $638. The figure shows the required price for the stated circulating supply to equal the cited U.S. debt, while the debate around the post centers on whether such a valuation could translate into meaningful debt repayment.
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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