Crypto-Friendly Fed Chair Fuels Fresh Hype Around XRP

The most concrete development is that Warsh has been sworn in as Chair of the Federal Reserve and is “on the record as crypto-friendly with a documented personal crypto portfolio.” In Stevenson’s framing, this is unprecedented: for the first time, “the person who now sets the direction of the dollar” sees digital assets as part of the future rather than a threat.

Where the story gets murkier is the viral claim that Warsh personally authored research explicitly naming XRP as the bridge asset for cross-border settlement between digital dollars.

Dr. Kamilah Stevenson says they went looking for that document and came up empty: “What I cannot find is the official paper authored by him that names XRP the way the loudest headlines insist they do.” For now, they treat it as a community-sourced connection, not a confirmed fact.

Setting aside the contested paper, Kamilah Stevenson focuses on the broader policy direction. She outlines the role of a “neutral bridge asset” that can sit between different digital currency systems for a few seconds while value is swapped. XRP, they note, was engineered for exactly that function: serving as the intermediary between otherwise incompatible ledgers.

That design is now intersecting with real infrastructure. The Federal Reserve has already built FedNow, an instant payment rail for 24/7 bank-to-bank transfers.

Dr. Kamilah Stevenson asks viewers to “picture a neutral bridge asset layered on top of an instant payment system like that,” suggesting it could fundamentally change multi-day bank settlement models. Even without naming winners, she argues that the idea of bridge assets has clearly “reached the rooms where the plumbing of the dollar gets decided.”

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