Arizona Committee Adds XRP to Proposed State Digital-Asset Reserve

Arizona lawmakers voted 4–2 to add XRP to the state’s proposed Digital Assets Strategic Reserve Fund, advancing the amendment in S.B. 1649 to the full legislature ^[2][1].

The bill’s fact sheet explicitly names XRP alongside other qualifying on-chain assets — including Bitcoin, DigiByte, stablecoins and NFTs — that meet defined cryptocurrency fair-value benchmarks for inclusion in the reserve framework ^[2].

The measure would make XRP eligible for state holdings but would not compel Arizona to purchase or hold the token; the amendment clears committee review and now moves to consideration by the full legislature after the 4–2 vote ^[3][4].

At the time of reporting, XRP was trading near $1.39 with an approximate market capitalization of $85 billion, per coverage of the bill’s progress ^[3].

Next steps: S.B. 1649 will be considered by the full Arizona legislature; inclusion in the bill establishes eligibility for state reserve holdings but does not guarantee any purchases ^[2][3].