Trump Announces U.S. Crypto Strategic Reserve Featuring Bitcoin, Ethereum, XRP, Solana, and Cardano
In a bold move to boost the U.S. cryptocurrency industry, former President Donald Trump has unveiled plans to establish a ”Crypto Strategic Reserve” that will include Bitcoin (BTC), Ethereum (ETH), and popular altcoins like XRP, Solana (SOL), and Cardano (ADA). Trump described the initiative as a way to revive the sector after what he called ”years of corrupt attacks” by the Biden administration.
According to Trump, his Executive Order on Digital Assets has directed the Presidential Working Group to move forward with creating the reserve. He emphasized his vision for the U.S. to become the ”Crypto Capital of the World.” Experts suggest that this plan could inject trillions of dollars into the crypto market, providing a significant boost to Bitcoin and other digital assets.
”A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,” Trump wrote on Truth Social. ”My Executive Order on Digital Assets has directed the Presidential Working Group to advance a Crypto Strategic Reserve that includes XRP, SOL, and ADA. We are MAKING AMERICA GREAT AGAIN.”
Trump’s announcement signals an ambitious shift towards mainstream adoption of cryptocurrencies in the U.S. and positions the country as a leader in the global digital asset space.
Featured image from: cointelegraph.com