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HomeCrypto NewsMarketFirst Ledger Says XRP Is ‘Building the White House’

First Ledger Says XRP Is ‘Building the White House’

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The XRP community is abuzz amid disclosures about Ripple’s participation in funding President Donald Trump’s new $300 million White House ballroom.

Commenting on the announcement, First Ledger, a decentralized exchange platform built on the XRP Ledger, tweeted: “XRP is building the White House.”

Ripple Among Trump’s Ballroom Donors

Reports from CNN and NBC News on Thursday confirmed that Ripple, alongside Coinbase, Gemini, and several global corporations, helped fund Trump’s new $300 million White House ballroom.

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According to the White House, the 90,000-square-foot ballroom will host state events and official gatherings. It will also be the most significant addition to the presidential residence since 1942.

The project is entirely privately funded by Trump and dozens of top U.S. companies. These include Amazon, Apple, Microsoft, Meta, Google, and Tether America.

Ripple Deepens Political Ties After Record Inauguration Donations

Ripple’s latest involvement comes just months after it made one of the largest corporate contributions to Trump’s inauguration fund.

According to FEC filings, Ripple donated nearly $5 million in XRP to the Trump inaugural committee. The sum was the second-largest donation overall and the largest from the crypto industry.

Interestingly, Ripple executives Brad Garlinghouse and Stuart Alderoty later attended a private dinner with Trump.

The donation, described by Cardano founder Charles Hoskinson as a “$5 million dinner,” was part of the broader $239 million raised for Trump’s second-term celebrations. It more than doubled the previous record set in 2017, coming as crypto firms engage deeply with U.S. policymakers.

XRP Growing Influence in Washington

With the massive financial support from crypto companies, Trump’s new administration has rapidly adopted a pro-crypto stance, fulfilling campaign promises to make the U.S. the “crypto capital of the world.”

Trump’s appointment of Paul Atkins as SEC Chair was one of the first steps. The move already shifted the regulatory tone, leading to the dismissal of cases against Ripple, Coinbase, Gemini, and Robinhood.

Now, many view Ripple’s inclusion among donors to the White House ballroom as strategic, cementing XRP’s position not only as a payment asset but also as an emerging force in Washington’s political and financial circles.

Community Reactions

First Ledger’s comment about XRP “building the White House” has sparked excitement across the XRP community.

Many holders see it as proof of how far XRP has come. “Ripple is found literally everywhere,” one XRP proponent remarked.

However, not everyone shares the enthusiasm. Some crypto enthusiasts have voiced disapproval of Ripple’s latest move.

X user Fero criticized the decision, claiming that the funds circulating in the crypto market ultimately come from everyday investors, while project administrators profit at their expense.

“Look where these guys are spending our money. We must raise our voices against this system,” he lamented.

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

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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