Missouri is advancing legislation to include XRP in its state-level crypto reserves alongside Bitcoin, Ethereum, Solana and USD Coin. A substitute version of HB 2080 advanced on a 6-2 vote with a recommendation for passage in the committee. The bill would create a strategic reserve fund enabling the state treasurer to buy, hold and manage crypto assets as part of a long-term strategy.
It would also permit use of USDC for tax and fee payments, broadening the practical application of cryptocurrency within state government. The bill prohibits transactions with foreign or illicit entities and requires transparency reports every two years. The move reflects increasing institutional adoption of digital assets and aims to modernize Missouri’s financial infrastructure.
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