ZachXBT critiques ADA, XRP for crypto reserve inclusion
One of the better indicators of a blockchain’s credibility is its ability to issue native stablecoins
Prominent blockchain investigator ZachXBT has voiced strong skepticism regarding the inclusion of Cardano (ADA) and XRP in crypto reserve strategies.
In a series of tweets, he questioned the legitimacy of these digital assets, pointing out a key metric that, in his view, underscores the reliability of a blockchain: the issuance of native stablecoins from major providers such as Circle, Tether, or Paxos. Notably, both ADA and XRP have failed to attract large issuers.
Critique and context
ZachXBT’s comments come in the wake of heightened discussions around crypto reserves following recent announcements by President Donald Trump regarding the establishment of a crypto reserve strategy.
According to ZachXBT, one of the better indicators of a blockchain’s credibility is its ability to issue native stablecoins. This capability not only signifies trust from major financial institutions but also enhances the utility and stability of a digital asset within broader financial markets. With ADA and XRP lacking such backing, he argues that they fall short of the standards required for inclusion in secure and reliable crypto reserve portfolios.
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While some industry insiders see this critique as an important reminder of the need for robust, native financial instruments on blockchain networks, others caution that the absence of major stablecoin issuances may not be the sole determinant of a blockchain’s viability. Nonetheless, ZachXBT’s observations have ignited debate among investors and analysts alike, casting further uncertainty on the future role of ADA and XRP in high-stakes crypto reserve strategies.
Implications and outlook
As the market continues to evolve and regulatory scrutiny intensifies, the debate over what constitutes a “legitimate” blockchain asset is likely to persist. Investors and policymakers will need to weigh factors such as native stablecoin support alongside other technical and financial metrics.
Market participants should monitor how these criticisms influence institutional decisions on asset inclusion in crypto reserves, and whether ADA and XRP can bolster their financial infrastructures to meet emerging standards.
We previously reported ADA, SOL and XRP surge after Trump statement.
