The post XRP Mount Rushmore Asset Status Fuels Wall Street Interest appeared on BitcoinEthereumNews.com.

Bitwise CIO Matt Hougan calls XRP a “Mount Rushmore” asset due to its longevity and symbolic role. Canary Capital CEO Steven McClurg notes XRP is the “easiest buy” for Wall Street due to its utility. Ripple CTO David Schwartz emphasizes the XRPL’s design as a neutral bridge for multi-asset value. As institutional appetite for digital asset infrastructure matures, Canary Capital CEO Steven McClurg has identified XRP as a primary target for Wall Street and the global capital market. McClurg argues that XRP’s appeal lies in its technical legibility and its proven function as a high-velocity rail for the world’s financial systems. Related: XRP Secures Top-3 Spot in Bitwise 10 Crypto Index Fund; Elevates to ‘Blue Chip’ Status XRP is a “Mount Rushmore” Asset Unlike the speculative complexity of DeFi or the niche community narratives of other altcoins, XRP offers a straightforward utility proposition that legacy finance understands: it moves value between disparate systems with minimal friction.  This “Mount Rushmore” status, a term coined by Bitwise CIO Matt Hougan, solidifies XRP’s position as a permanent, symbolic pillar of the cryptocurrency ecosystem, boasting a track record that few other digital assets can match. According to Hougan, XRP is one of the top cryptocurrencies and maintains its position among the top echelon of digital assets, boasting a tremendous track record. He further identified two key elements that distinguish the crypto asset, including the confidence that crypto users repose in the cryptocurrency and its sustainability, considering its background and inherent features. Suitability for Real-World Application Separates XRP from the Rest Hougan also aligned with McClurg’s perspective on XRP’s suitability for real-world applications that users understand, particularly its stablecoin enablement, XRP’s cross-currency and liquidity capabilities, and the benefits of Ripple’s involvement in the mainstream. Hougan thinks XRP’s steady growth is a function of its appeal…

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Filed under: News - @ December 20, 2025 12:23 pm