Missouri Reserve Bill Lists XRP Alongside Bitcoin and Ethereum

• Missouri bill includes XRP in state crypto reserve alongside Bitcoin and Ethereum.
• HB 2080 allows the Treasurer to buy, hold, and manage crypto reserves long-term.
• Proposal permits USDC payments for taxes, expanding crypto use across state systems.

Missouri has introduced a crypto reserve bill that includes XRP alongside Bitcoin and Ethereum. The proposal allows the state to hold digital assets and expand crypto payments. The move reflects growing interest in state-level crypto reserves and digital asset adoption.

As of now, XRP is trading around $1.42 relfecitng a slight rise seen in the last 24 hours, with a market cap hitting $87.19 billion. 

Missouri Bill Puts XRP Inside a State Reserve Framework

In a recent X post, John Squire said that Missouri “name-dropped XRP,” and the bill text supports that claim directly. Page 2 of the committee substitute for HB 2080 states that the term cryptocurrency includes Bitcoin, Solana, Ethereum, Ripple XRP, and USDC.

That language gives XRP a defined place inside the proposal rather than leaving it outside the list.

Source: X

Documents relating to the bill indicate that the House Committee Substitute of HB 2080 was approved by the Commerce Committee on a motion of 6 to 2 and a Do Pass recommendation. The proposal was sponsored by Representative Ben Keathley. The plan would establish a crypto Strategic Reserve Fund in Missouri and authorize the State Treasurer to accept, hold, protect, and control digital assets.

What This Means For XRP?

This is important for XRP since the bill treats it as a recognized digital asset in a state-managed framework. Missouri does not frame XRP as a fringe token or a speculative side note. The proposal places XRP beside the largest digital assets in the market and gives it a role inside a reserve structure that the state would oversee.

That action sends more policy signals to XRP. State recognition does not equate to adoption, but it does place XRP within a process of law and administration related to custody and long-term holding.

Reserve Powers and Payment Use Widen The Bill’s Reach

HB 2080 would let the State Treasurer buy and invest in cryptocurrencies with state funds, hold those assets for at least five years, and later sell, convert, or allocate them when needed. The proposal also allows the state to receive digital assets through donations, grants, and transfers from residents or government entities. That gives the reserve plan both a funding path and an operating structure.

The proposal extends to further reserves as well. According to the source material, Missouri government entities may submit taxes, fees, and fines to the USDC, pending the approval of the Department of Revenue. The compliance regulations would prevent connections with foreign or illegal entities, permit third-party custodians, and demand periodic disclosure reports. 

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