A new policy idea gaining traction in Washington could dramatically reshape how cryptocurrencies are used in everyday life, and XRP may be poised to benefit the most . Market analyst John Squire recently told his X followers that if President Donald Trump follows through on plans to eliminate taxes on small crypto payments, XRP’s growth potential could be virtually limitless. Trump’s De Minimis Tax Proposal The Trump administration has expressed support for a “de minimis exemption” that would exempt low-value cryptocurrency transactions (typically under $600) from capital gains tax. Under such a rule, paying for coffee, transit fares, or digital goods with crypto would no longer trigger complex tax reporting or create a taxable event. White House Press Secretary Karoline Leavitt confirmed that the administration “still supports de minimis tax exemptions for cryptocurrency transactions in the future,” keeping the initiative in active discussion among lawmakers and regulators. If Trump abolishes taxes on small crypto payments… $XRP becomes unstoppable. Micropayments = MASS adoption. #XRP won’t just move, it will explode. pic.twitter.com/ykjzCmmARO — John Squire (@TheCryptoSquire) September 22, 2025 Why XRP Stands Out XRP is uniquely suited to thrive if these changes become law. The XRP Ledger processes transactions in seconds and at fractions of a cent, making it ideal for micropayments and frequent, everyday spending. Removing tax barriers would allow merchants, payment apps, and individuals to adopt XRP without the paperwork and costs that currently discourage small transactions. Broader adoption would likely spur higher network activity, deeper liquidity, and stronger demand, potentially driving price momentum and solidifying XRP’s role as a preferred medium of exchange. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Legislative Challenges Ahead Despite White House’s backing, the proposal is not yet law. The Senate passed a significant budget bill earlier this year, omitting key crypto tax breaks, such as the de minimis exemption. Any final measure would need clear thresholds, precise definitions of eligible assets, and bipartisan support—factors that remain unsettled. Lawmakers continue to discuss and disagree on defining “small payments” and determining the specifics of reporting and compliance. Outlook If Congress approves the exemption and implementation is smooth, XRP could experience a sharp rise in both adoption and market value. Its low fees and near-instant settlement give it a natural edge for everyday transactions, from tipping creators to paying for public transport. Squire’s forecast of XRP becoming “unstoppable” reflects this potential. Until legislation is finalized, however, the vision remains a powerful possibility rather than a certainty. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Pundit: XRP Could Become Unstoppable If Trump Takes This Action appeared first on Times Tabloid .
