CoinGecko has introduced a new “Made in USA” cryptocurrency category, showcasing American-developed digital assets such as XRP and Hedera (HBAR). This addition has drawn significant attention from the crypto community, coinciding with Donald Trump’s inauguration as the first U.S. president to support cryptocurrency. Backed by the most pro-crypto Congress in U.S. history, the move aligns with growing optimism surrounding the nation’s crypto market, and Trump’s plans to make the U.S. the world leader in crypto. Trump’s rumored plan to eliminate taxes on American crypto assets is a crucial part of this plan, and tokens such as XRP are gaining momentum because of the excitement. Pro-Crypto Policies and XRP’s Position Shawn Sully (@oroogle), a prominent crypto pundit on X, noted that these potential tax exemptions could reshape the market. BREAKING: Coingecko adds “Made in USA” category as Trump is expected to abolish taxes on American crypto assets such as $HBAR and $XRP pic.twitter.com/7wiY9YUDEf — Shawn Sully (@oroogle) January 20, 2025 A commenter supported this view, stating, “This possible tax exemption for American coins would be a game changer. It would pull so much liquidity from other sectors and inflate the crypto market like never before.” The community has reacted enthusiastically to these developments. A post highlighted the importance of XRP American-made assets: “American-made is the only way! Look who’s at #1.” XRP’s recognition as a leading token demonstrates its relevance in shaping the future of the domestic crypto industry. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s standing as a key player in this category aligns with its listing alongside Solana as a cornerstone for Trump’s proposed U.S. crypto reserve . By leveraging such assets, the administration aims to bolster economic innovation while ensuring liquidity flows into American projects. Implications of SEC Leadership Change Adding to the optimistic outlook is Gary Gensler’s resignation as SEC Chair. Under his tenure, the crypto industry faced regulatory hurdles, including lawsuits against Ripple, the company behind XRP. With new leadership already at the head of the organization, the industry expects a shift toward clearer and more favorable regulations. Ripple’s multiple victories over the SEC in court already positioned XRP for growth, and further regulatory clarity could strengthen its role in the U.S. market. The Trump administration’s crypto-friendly stance has introduced significant opportunities for American-developed digital assets like XRP. CoinGecko’s recognition of the “Made in USA” category, coupled with potential tax exemptions, cements XRP’s position as a key player in the evolving financial landscape, and could give the market a huge boost. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Coingecko Adds “Made in USA” Category As Trump Is Set to Make XRP Tax-free appeared first on Times Tabloid .
