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HomeCrypto NewsMarketUFC Legend McGregor Asks About XRP: Here’s What He’s Looking For

UFC Legend McGregor Asks About XRP: Here’s What He’s Looking For

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UFC legend McGregor questions why the U.S. is including XRP, Cardano, and Solana in its crypto reserve amid claims that only Bitcoin and Ethereum are decentralized.

The recent comments come from Bitcoin and Ethereum advocates insisting that only Bitcoin and Ethereum are truly decentralized. McGregor raised the issue on X, attracting reactions from Bitcoin supporters.

In his post, he called attention to President Donald Trump’s March 2025 announcement confirming that the U.S. crypto reserve would hold Bitcoin, Ethereum, XRP, Solana, and Cardano. 

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McGregor, who is now becoming a voice in the crypto scene, said he found it odd that the government would choose assets that many consider less decentralized than Bitcoin or Ethereum.

Bitcoin supporters flooded the replies, urging McGregor to focus only on Bitcoin and ignore what they called “centralized tokens.” However, Cardano proponents argued that Cardano is the most decentralized network, especially considering its new on-chain governance.

McGregor Pushing for Bitcoin Adoption as an Independent Candidate 

McGregor’s recent post built on a bigger campaign he has been pushing since early May. From May 9, McGregor ramped up his political push for a Bitcoin strategic reserve in Ireland. 

As an independent candidate in the 2025 Irish presidential race, he has framed Bitcoin as “people’s money” and argued that Ireland should follow the growing list of countries considering Bitcoin for their national reserves. 

He hosted several discussions on X Spaces, calling for expert input from figures like Anthony Pompliano, David Bailey, and Max Keiser. His campaign focuses on making Ireland a leader in Bitcoin adoption to promote transparency, economic freedom, and monetary sovereignty.

Calls for Bitcoin Reserves in the EU

The global push surrounding Bitcoin reserves supports McGregor’s ambitions. Several countries are exploring Bitcoin as a hedge against inflation, economic instability, or overreliance on the U.S. dollar. 

In the European Union, the Czech Republic is reviewing a proposal to allocate up to 5% of its national reserves into Bitcoin, with Czech National Bank Governor Aleš Michl backing the idea

In Poland, presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve. Germany has seen similar calls from former finance minister Christian Lindner. 

Global Push

Outside the EU, lawmakers in Russia want a Bitcoin reserve to protect the country from sanctions and currency devaluation. Brazil’s congress is reviewing a bill for a Sovereign Strategic Bitcoin Reserve, while Japan is also debating a reserve, though concerns about volatility still hold back progress there.

In the U.S., Trump’s March executive order greenlit a Bitcoin reserve funded through seized crypto assets, with Senator Cynthia Lummis’ BITCOIN Act aiming to accumulate one million BTC over five years. 

Meanwhile, El Salvador, the world’s first country to adopt Bitcoin as legal tender, already holds over 6,000 BTC and continues to promote Bitcoin as a national asset under President Nayib Bukele’s leadership.

McGregor plans to meet with Bukele to better understand El Salvador’s approach and apply those lessons to Ireland, though the EU’s regulatory framework presents challenges. 

Specifically, the European Central Bank remains skeptical of Bitcoin, and ECB President Christine Lagarde has publicly ruled out holding it as part of EU central bank reserves.

McGregor’s Earlier Involvement in Crypto

McGregor’s growing presence in crypto comes after a turbulent April, when his meme coin “REAL” failed to take off. The coin launched through a sealed-bid auction but raised only $392,000, far below its $1 million minimum target. 

Notably, the team refunded all bids and paused the project, promising a future relaunch with stronger community involvement.

However, McGregor’s crypto journey began earlier. In 2021, he joined Dapper Labs for a UFC NFT project on the Flow blockchain, giving fans access to digital collectibles. The next year, he endorsed XTB and Tiger.Trade, though the latter faced criticism due to links with the collapsed FTX exchange.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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