news 
SEC Outlines Roles for XRP, Solana, Cardano in U.S. Strategy
Saturday, March 15, 2025, Cryptotale Staff
The United States Securities and Exchange Commission (SEC) has outlined the roles that XRP, Solana, and Cardano will play in the country’s financial system.
In a recent announcement, the SEC confirmed XRP’s position as a key asset for state-level financial transactions. This development may have significant implications for government payments and interbank liquidity, potentially reducing costs associated with traditional banking involvement.
The regulatory agency has also assigned distinct roles to Solana and Cardano in the context of U.S. public sector operations. According to the announcement, Solana will power real-time government apps, enhancing their security, efficiency, and scalability. This integration aims to boost performance in various massive-scale public sector applications.
On the other hand, Cardano will support smart contracts and secure infrastructure within government services. The commission has determined that these blockchain features align with public administration’s needs for blockchain adoption.
The SEC emphasized that regulatory approval is essential before any formal implementation of these digital assets can proceed. This includes a pending review on the classification status of XRP, Solana, and Cardano.
Discussions have been ongoing regarding the establishment of an official Bitcoin reserve, but no formal steps have been taken.
Source: https://cryptotale.org/sec-outlines-roles-for-xrp-solana-cardano-in-u-s-strategy/
