A written proposal submitted to the newly created SEC crypto task force suggests that XRP could unlock $1.5 trillion in banking liquidity and fund a national Bitcoin reserve using freed-up capital from Nostro accounts.
The document, titled Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S., was authored by Maximilian Staudinger and outlines how XRP could transform financial infrastructure, saving $7.5 billion annually in transaction costs and enabling banks to replace outdated SWIFT-based liquidity mechanisms.
The proposal argues that Nostro accounts — used by banks to facilitate cross-border transactions — currently hold $5 trillion in dormant capital within the U.S. financial system. By integrating XRP for liquidity management, banks could free up 30% of these funds, or $1.5 trillion, and reinvest them into the economy.
It suggests that the Federal Reserve and the Office of the Comptroller of the Currency (OCC) issue mandates ensuring the adoption of XRP in interbank liquidity operations..
To accelerate the adoption of XRP, the proposal recommends a Presidential Executive Order directing the SEC, DOJ, and Treasury to classify XRP as a payment asset, not a security, thus resolving legal uncertainties around its use.
“Regulatory clearance” would take 1-3 months, and a Treasury-backed pilot program could integrate XRP into IRS tax refunds and Social Security payments within 2-4 months, according to the accelerated roadmap.
One of the boldest aspects of the proposal is a government-backed Bitcoin accumulation strategy. Using the $1.5 trillion freed from Nostro accounts, the U.S. could purchase 25 million BTC at a price of $60,000 per coin to establish a strategic Bitcoin reserve.
However, this figure is factually incorrect — Bitcoin has a fixed supply of 21 million coins, meaning the U.S. could not acquire 25 million BTC even if it wanted to. The error raises questions about the credibility of the proposal’s financial projections.