The post Trump floats U.S. ‘Crypto Reserve’ Proposal, cites BTC, ETH, XRP, SOL, ADA appeared on BitcoinEthereumNews.com.

In a surprising turn of events, a tweet attributed to former U.S. President Donald J. Trump has emerged, suggesting the creation of a “U.S. Crypto Reserve” that would include several prominent assets such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). According to the tweet, Trump’s executive order on digital assets would direct a new Presidential Working Group to move forward with this crypto-focused strategic reserve, positioning the U.S. as “the Crypto Capital of the World.” Trump also singled out BTC and ETH as the “heart” of this proposed reserve, despite his previously critical stance on digital assets. His statement follows the growing conversation around whether states—and now the federal government—could hold crypto on their balance sheets. Historically, Trump has been openly skeptical about Bitcoin and other digital assets. In 2019, he famously tweeted that he was “not a fan of Bitcoin and other cryptocurrencies.” However, this new suggestion of a U.S. Crypto Reserve marks a stark contrast from his earlier position. Echoing states’ interest in Bitcoin reserves Trump’s tweet dovetails with a broader trend: multiple U.S. states exploring the possibility of building BTC treasuries. Recent data covered by CryptoSlate indicates that if just 20 U.S. states adopted Bitcoin reserves, it could drive a $23 billion inflow into BTC, potentially bolstering state and municipal balance sheets. While not all states have taken the plunge, increased crypto-friendly legislation is gradually cropping up across the country, pointing toward an appetite for digital assets as a hedge or growth strategy. The potential impact of a U.S. Crypto Reserve 1. Strengthening U.S. financial clout A federal crypto reserve could, in theory, position the U.S. at the forefront of digital asset policy and innovation. With countries like El Salvador adopting BTC as legal tender and several global financial centers exploring central bank…

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Filed under: News - @ March 2, 2025 5:22 pm