Greg Kidd recalls US Treasury’s confusion over Ripple and XRP in early meetings
Digital Asset Investor, a well-known cryptocurrency analyst, recently drew attention to a revealing account from veteran investor Greg Kidd, describing Ripple’s introduction of XRP at the US Treasury Department in its initial years. Greg Kidd accompanied Ripple co-founder Chris Larsen to the US Treasury Department when Ripple was just beginning. The objective was to present both Ripple and the concept of XRP to senior officials. According to Kidd, the meeting left Treasury staff uncertain, as XRP did not align with any financial category or regulatory framework at that time.