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US President Donald Trump has announced plans for a US Crypto Strategic Reserve. Trump declared that the reserve would include XRP, Solana (SOL), and Cardano (ADA),  According to today’s announcement, Trump has signed an executive order for the Digital Assets Working Group to proceed with this reserve.  US to Have a National Crypto Reserve with XRP, ADA, and SOL After much anticipation of a national Bitcoin reserve, the US president has made a major announcement of establishing a national crypto reserve, prioritizing ‘US made cryptocurrencies.’ He framed the initiative as a countermeasure to what he called “corrupt attacks” on the cryptocurrency industry under the Biden administration. “A US Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the US is the Crypto Capital of the World,” President Trump posted on Truth Social.  The announcement builds on Executive Order 14178, signed earlier this year, which established the Presidential Working Group on Digital Asset Markets. The group, led by venture capitalist David Sacks, was tasked with shaping a national framework for digital assets, including the potential for a government-held cryptocurrency reserve. While Bitcoin (BTC) was widely expected to be the cornerstone of any federal digital asset holdings, Trump’s decision to prioritize XRP, SOL, and ADA suggests a broader approach to blockchain adoption. Disclaimer In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy…

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Filed under: News - @ March 2, 2025 4:16 pm